RLJ Lodging Trust (RLJ) 10-Q 7 May 15 2015 Q1 Quarterly report Financial data

Document_and_Entity_Informatio

Document and Entity Information	3 Months Ended
	Mar. 31, 2015	Apr. 30, 2015
Document and Entity Information
Entity Registrant Name	RLJ Lodging Trust
Entity Central Index Key	1511337
Current Fiscal Year End Date	-19
Entity Filer Category	Large Accelerated Filer
Document Type	10-Q
Document Period End Date	31-Mar-15
Document Fiscal Year Focus	2015
Document Fiscal Period Focus	Q1
Amendment Flag	FALSE
Entity Common Stock, Shares Outstanding		132,182,013
Entity Current Reporting Status	Yes

Consolidated_Balance_Sheets

Consolidated Balance Sheets (USD $)	Mar. 31, 2015	Dec. 31, 2014
In Thousands, unless otherwise specified
Assets
Investment in hotels and other properties, net	$3,511,032	$3,518,803
Cash and cash equivalents	339,774	262,458
Restricted cash reserves	56,795	63,054
Hotel and other receivables, net of allowance of $189 and $166, respectively	30,820	25,691
Deferred financing costs, net	10,411	11,421
Deferred income tax asset	7,502	7,502
Prepaid expense and other assets	36,698	42,115
Real Estate Held-for-sale		197,335
Total assets	3,993,032	4,128,379
Liabilities and Equity
Mortgage loans	403,319	532,747
Term loans	1,025,000	1,025,000
Accounts payable and other liabilities	119,995	129,388
Deferred income tax liability	7,861	7,879
Advance deposits and deferred revenue	12,385	9,984
Accrued interest	2,755	2,783
Distributions payable	46,490	42,114
Total liabilities	1,617,805	1,749,895
Commitments and Contingencies (Note 10)
Shareholders’ equity:
Preferred shares of beneficial interest, $0.01 par value, 50,000,000 shares authorized; zero shares issued and outstanding at March 31, 2015 and December 31, 2014, respectively	0	0
Common shares of beneficial interest, $0.01 par value, 450,000,000 shares authorized; 132,165,308 and 131,964,706 shares issued and outstanding at March 31, 2015 and December 31, 2014, respectively	1,321	1,319
Additional paid-in-capital	2,422,013	2,419,731
Accumulated other comprehensive loss	-23,047	-13,644
Distributions in excess of net earnings	-42,510	-46,415
Total shareholders’ equity	2,357,777	2,360,991
Noncontrolling interest
Noncontrolling interest in joint venture	6,226	6,295
Noncontrolling interest in Operating Partnership	11,224	11,198
Total noncontrolling interest	17,450	17,493
Total equity	2,375,227	2,378,484
Total liabilities and equity	$3,993,032	$4,128,379

Consolidated_Balance_Sheets_Pa

Consolidated Balance Sheets (Parenthetical) (USD $)	Mar. 31, 2015	Dec. 31, 2014
In Thousands, except Share data, unless otherwise specified
Hotel and other receivables, allowance (in dollars)	$178	$234
Preferred shares of beneficial interest, par value (in dollars per share)	$0.01	$0.01
Preferred shares of beneficial interest, shares authorized	50,000,000	50,000,000
Preferred shares of beneficial interest, shares issued	0	0
Preferred shares of beneficial interest, shares outstanding	0	0
Common shares of beneficial interest, par value (in dollars per share)	$0.01	$0.01
Common shares of beneficial interest, shares authorized	450,000,000	450,000,000
Common shares of beneficial interest, shares issued	132,084,354	122,640,042
Common shares of beneficial interest, shares outstanding	132,084,354	122,640,042

Consolidated_Statements_of_Ope

Consolidated Statements of Operations and Comprehensive Income (USD $)	3 Months Ended
In Thousands, except Share data, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014
Operating revenue
Room revenue	$232,559	$206,025
Food and beverage revenue	28,993	23,367
Other operating department revenue	8,853	6,981
Total revenue	270,405	236,373
Operating expense
Room expense	54,086	47,521
Food and beverage expense	20,764	16,873
Management and franchise fee expense	28,042	24,813
Other operating expense	60,581	56,376
Total property operating expense	163,473	145,583
Depreciation and amortization	37,203	32,876
Impairment of Real Estate	0
Property tax, insurance and other	20,043	17,252
General and administrative	10,399	10,129
Transaction and pursuit costs	135	1,484
Total operating expense	231,253	207,324
Operating income	39,152	29,049
Other income	90	110
Interest income	445	323
Interest expense	-13,508	-14,646
Income from continuing operations before income tax expense	26,179	14,836
Income tax expense	-375	-294
Income from continuing operations	25,804	14,542
Gain (Loss) on Disposition of Property Plant Equipment	22,298	-2,557
Net income	48,102	11,985
Net (income) loss attributable to noncontrolling interests
Noncontrolling interest in consolidated joint venture	69	34
Noncontrolling interest in common units of Operating Partnership	-321	-87
Net income attributable to common shareholders	47,850	11,932
Basic per common share data:
Net income per share attributable to common shareholders (in dollars per share)	$0.36	$0.10
Weighted-average number of common shares (in shares)	131,272,611	121,740,962
Diluted per common share data:
Net income per share attributable to common shareholders (in dollars per share)	$0.36	$0.10
Weighted-average number of common shares (in shares)	132,286,542	122,867,755
Amounts attributable to the Company’s common shareholders
Income from continuing operations	25,702	14,471
Gain (loss) on disposal of hotel properties	22,148	-2,539
Net income attributable to common shareholders	47,850	11,932
Comprehensive income
Unrealized loss on interest rate derivatives	-9,403	-1,361
Comprehensive income	38,699	10,624
Comprehensive loss attributable to the noncontrolling interest in consolidated joint venture	69	34
Comprehensive income attributable to the noncontrolling interest in the Operating Partnership	-321	-87
Comprehensive income attributable to the Company	$38,447	$10,571

Consolidated_Statements_of_Cha

Consolidated Statements of Changes in Equity (USD $)	Total	Common Stock	Additional Paid-in-Capital	Distributions in excess of net earnings	Accumulated Other Comprehensive Income	Total Noncontrolling Interests	Operating Partnership	Consolidated Joint Venture
In Thousands, except Share data, unless otherwise specified
Balance at Dec. 31, 2013	$2,146,334	$1,226	$2,178,004	($45,522)	($5,941)	$18,567	$11,261	$7,306
Balance (in shares) at Dec. 31, 2013		122,640,042
Increase (Decrease) in Owners' Equity
Net income (loss)	11,985			11,932		53	87	-34
Sale of common stock (shares)		0
Proceeds from sale of common stock		0	0
Unrealized loss on interest rate derivative	-1,361
Distributions to joint venture partner	-1,182
Issuance of restricted stock		3	-3
Issuance of restricted stock (in shares)		305,053
Amortization of share based compensation	3,573		3,573
Share grants to trustees	28		28
Share grants to trustees (in shares)		1,051
Shares acquired to satisfy minimum required federal and state tax withholding on vesting restricted stock	-1,097	0	-1,097
Shares acquired to satisfy minimum required federal and state tax withholding on vesting restricted stock (in shares)		-42,900
Forfeiture of restricted stock (in shares)		-1,905
Distributions on common shares and units	-27,453			-27,258		-195	-195
Balance at Mar. 31, 2014	2,130,827	1,229	2,180,505	-60,848	-7,302	17,243	11,153	6,090
Balance (in shares) at Mar. 31, 2014		122,901,341
Balance at Dec. 31, 2014	2,378,484	1,319	2,419,731	-46,415	-13,644	17,493	11,198	6,295
Balance (in shares) at Dec. 31, 2014		131,964,706
Increase (Decrease) in Owners' Equity
Net income (loss)	48,102			47,850		252	321	-69
Unrealized loss on interest rate derivative	-9,403				-9,403
Issuance of restricted stock		3	-3
Issuance of restricted stock (in shares)		253,242
Amortization of share based compensation	4,023		4,023
Share grants to trustees	33		33
Share grants to trustees (in shares)		1,057
Shares acquired to satisfy minimum required federal and state tax withholding on vesting restricted stock	-1,772	-1	-1,771
Shares acquired to satisfy minimum required federal and state tax withholding on vesting restricted stock (in shares)		-53,468
Forfeiture of restricted stock (in shares)		-229
Distributions on common shares and units	-44,240			-43,945		-295	-295
Balance at Mar. 31, 2015	$2,375,227	$1,321	$2,422,013	($42,510)	($23,047)	$17,450	$11,224	$6,226
Balance (in shares) at Mar. 31, 2015		132,165,308

Consolidated_Statements_of_Cas

Consolidated Statements of Cash Flows (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014
Cash flows from operating activities:
Net income	$48,102	$11,985
Adjustments to reconcile net income to cash flow provided by operating activities:
Loss on defeasance	0	804
(Gain) loss on disposal of hotel properties	-22,298	2,557
Depreciation and amortization	37,203	32,876
Amortization of deferred financing costs	1,031	1,187
Amortization of deferred management fees	217	244
Accretion of interest income on investment in loan	-82	-52
Share grants to trustees	33	28
Amortization of share based compensation	4,023	3,573
Deferred income taxes	-18	-188
Changes in assets and liabilities:
Hotel and other receivables, net	-5,129	-8,623
Prepaid expense and other assets	-544	-1,039
Accounts payable and other liabilities	-20,859	-15,547
Advance deposits and deferred revenue	2,401	3,837
Accrued interest	-28	-82
Net cash flow provided by operating activities	44,052	31,560
Cash flows from investing activities:
Acquisition of hotel and other properties, net	0	-311,973
Proceeds from the disposal of hotel properties, net	225,593	111,081
Improvements and additions to hotel and other properties	-27,453	-14,898
Additions to property and equipment	-50	-1
Releases from restricted cash reserves, net	6,259	5,237
Net cash flow provided by (used in) investing activities	204,349	-210,554
Cash flows from financing activities:
Borrowings under revolving credit facility	0	170,000
Repayments under revolving credit facility	0	-170,000
Borrowings on term loans	0	175,000
Payment of mortgage principal	-129,428	-23,999
Repurchase of common shares	-1,772	-1,097
Distributions on common shares	-39,590	-29,433
Distributions on Operating Partnership units	-274	-213
Payment of deferred financing costs	-21	-1,565
Distribution to noncontrolling interest	0	-1,182
Net cash flow (used in) provided by financing activities	-171,085	117,511
Net change in cash and cash equivalents	77,316	-61,483
Cash and cash equivalents, beginning of period	262,458	332,248
Cash and cash equivalents, end of period	$339,774	$270,765

Organization

Organization	3 Months Ended
	Mar. 31, 2015
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Organization	Organization
	RLJ Lodging Trust (the "Company") was formed as a Maryland real estate investment trust ("REIT") on January 31, 2011. The Company is a self-advised and self-administered REIT that acquires primarily premium-branded, focused-service and compact full-service hotels. The Company qualified and elected to be taxed as a REIT for U.S. federal income tax purposes, commencing with the portion of its taxable year ended December 31, 2011.
	Substantially all of the Company’s assets are held by, and all of its operations are conducted through, RLJ Lodging Trust, L.P. (the "Operating Partnership"). The Company is the sole general partner of the Operating Partnership. As of March 31, 2015, there were 133,059,308 units of limited partnership interest in the Operating Partnership ("OP units") outstanding and the Company owned, through a combination of direct and indirect interests, 99.3% of the outstanding OP units.
	As of March 31, 2015, the Company owned 126 properties, comprised of 124 hotels with approximately 20,400 rooms and two planned hotel conversions, located in 21 states and the District of Columbia, and an interest in one mortgage loan secured by a hotel.  The Company owned, through wholly-owned subsidiaries, 100% of the interests in all properties, with the exception of the DoubleTree Metropolitan Hotel-New York City, in which the Company, through wholly-owned subsidiaries, owned a 98.3% controlling interest in a joint venture, DBT Met Hotel Venture, LP, which was formed to engage in hotel operations related to the DoubleTree Metropolitan Hotel. An independent operator manages each property.

Summary_of_Significant_Account

Summary of Significant Accounting Policies	3 Months Ended
	Mar. 31, 2015
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	Summary of Significant Accounting Policies
	Basis of Presentation and Principles of Consolidation
	The unaudited consolidated financial statements and related notes have been prepared on the accrual basis of accounting in accordance with accounting principles generally accepted in the United States of America ("GAAP") and in conformity with the rules and regulations of the Securities and Exchange Commission ("SEC") applicable to financial information. As such, certain information and footnote disclosures normally included in financial statements prepared in accordance with GAAP have been omitted in accordance with the rules and regulations of the SEC.  The unaudited financial statements include adjustments based on management’s estimates (consisting of normal recurring adjustments), which the Company considers necessary for the fair statement of the consolidated balance sheets, statements of operations and comprehensive income, statements of changes in equity and statements of cash flows for the periods presented. The unaudited consolidated financial statements should be read in conjunction with the consolidated financial statements and notes thereto as of and for the year ended December 31, 2014, included in the Company's Annual Report on Form 10-K filed with the SEC on February 26, 2015.  Operating results for the three months ended March 31, 2015 are not necessarily indicative of actual operating results for the entire year.
	The unaudited consolidated financial statements include the accounts of the Company, the Operating Partnership and its wholly-owned subsidiaries, including a consolidated joint venture.  All intercompany balances have been eliminated in consolidation.
	Reclassifications
	Certain prior year amounts in these financial statements have been reclassified to conform to the current year presentation with no impact to net income, shareholders’ equity or cash flows.
	Use of Estimates
	The preparation of the Company’s financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of certain assets and liabilities and the amounts of contingent assets and liabilities at the balance sheet date and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.
	Revenue Recognition
	The Company’s revenue comprises hotel operating revenue, such as room revenue, food and beverage revenue and revenue from other hotel operating departments (such as telephone, parking and business centers). These revenues are recorded net of any sales and occupancy taxes collected from guests. All rebates or discounts are recorded as a reduction in revenue, and there are no material contingent obligations with respect to rebates and discounts offered by the hotels. All revenues are recorded on an accrual basis as earned. Appropriate allowances are made for doubtful accounts and are recorded as bad debt expenses. The allowances are calculated as a percentage of aged accounts receivable.  Cash received prior to guest arrival is recorded as an advance from the guest and recognized as revenue at the time of occupancy.
	Investment in Hotels and Other Properties
	The Company’s acquisitions generally consist of land, land improvements, buildings, building improvements, furniture, fixtures and equipment ("FF&E"), and inventory. The Company may also acquire intangibles related to in-place leases, management agreements and franchise agreements when properties are acquired.  The Company allocates the purchase price among the assets acquired and liabilities assumed based on their respective fair values. Transaction costs are expensed for acquisitions that are considered business combinations and capitalized for asset acquisitions.
	The Company’s investments in hotels and other properties are carried at cost and are depreciated using the straight-line method over estimated useful lives of 15 years for land improvements, 15 years for building improvements, 40 years for buildings and three to five years for FF&E. Intangibles arising from acquisitions are amortized using the straight-line method over the non-cancelable portion of the term of the agreement.  Maintenance and repairs are expensed and major renewals or improvements are capitalized. Interest used to finance real estate under development is capitalized as an additional cost of development. Upon the sale or disposition of a property, the asset and related accumulated depreciation are removed from the accounts and the related gain or loss is included in gain or loss on disposal of hotel properties. Gain or loss from dispositions representing a strategic shift that had or will have a major effect on operations and final results will be presented as discontinued operations.
	In accordance with the guidance on impairment or disposal of long-lived assets, the Company does not consider "held for sale" classification until it is probable that the sale will be completed within one year and the other requisite criteria for such classification have been met. The Company does not depreciate properties so long as they are classified as held for sale. Upon designation as held for sale and quarterly thereafter, the Company reviews the realizability of the carrying value, less cost to sell, in accordance with the guidance. Any such adjustment in the carrying value is reflected as an impairment charge.
	The Company assesses carrying value whenever events or changes in circumstances indicate that the carrying amounts may not be fully recoverable. Recoverability is measured by comparison of the carrying amount to the estimated future undiscounted cash flows which take into account current market conditions and the Company’s intent with respect to holding or disposing of properties. If the Company’s analysis indicates that the carrying value is not recoverable on an undiscounted cash flow basis, it recognizes an impairment charge for the amount by which the carrying value exceeds the fair value. Fair value is determined through various valuation techniques, including internally developed discounted cash flow models, comparable market transactions and third party appraisals, when considered necessary.
	The use of projected future cash flows is based on assumptions that are consistent with a market participant’s future expectations for the travel industry and economy in general and the Company’s expected use of the underlying properties.  The assumptions and estimates about future cash flows and capitalization rates are complex and subjective.  Changes in economic and operating conditions that occur subsequent to a current impairment analysis and the Company’s ultimate use of the properties could impact these assumptions and result in future impairment charges with respect to the properties.
	Noncontrolling Interest
	The consolidated financial statements include all subsidiaries controlled by the Company. For controlled subsidiaries that are not wholly-owned, the noncontrolling interests in these subsidiaries are presented separately in the consolidated financial statements. As of March 31, 2015 the Company consolidated DBT Met Hotel Venture, LP, a majority-owned partnership that has a third-party, noncontrolling 1.7% ownership interest. The third-party partnership interest is included in noncontrolling interest in joint venture on the consolidated balance sheets. Profits and losses are allocated in proportion to each party's respective ownership interest.
	As of March 31, 2015 the Company consolidated the Operating Partnership, which is a majority-owned partnership that has a third-party, noncontrolling 0.7% ownership interest. The third-party partnership interest is included in noncontrolling interest in Operating Partnership on the consolidated balance sheets. Profits and losses are allocated in proportion to each party's respective ownership interest.
	Management Agreements
	As of March 31, 2015, 124 of the Company's hotel properties were operated pursuant to long-term agreements with initial terms ranging from 3 to 25 years. This number includes five Marriott and ten Hyatt hotels that receive the benefits of a franchise agreement pursuant to management agreements. Each management company receives a base management fee generally between 2.5% and 4.0% of hotel revenues. Management agreements that include the benefits of a franchise agreement incur a base management fee generally between 5.0% and 7.0% of hotel revenues. The management companies are also eligible to receive an incentive management fee if hotel operating income, as defined in the management agreements, exceeds certain thresholds. The incentive management fee is generally calculated as a percentage of hotel operating income after the Company has received a priority return on their investment in the hotel. Management fees are included in management and franchise fee expense in the accompanying consolidated statements of operations. For the three months ended March 31, 2015 and 2014, the Company incurred management fee expense, including amortization of deferred management fees, of approximately $10.9 million and $9.1 million, respectively.
	Franchise Agreements
	As of March 31, 2015, 109 of the Company’s hotel properties were operated under franchise agreements with initial terms ranging from 10 to 30 years. This number excludes five Marriott and ten Hyatt hotels that receive the benefits of a franchise agreement pursuant to their respective management agreements. Franchise agreements allow the properties to operate under the respective brands. Pursuant to the franchise agreements, the Company pays a royalty fee, generally between 3.0% and 6.0% of room revenue, plus additional fees for marketing, central reservation systems and other franchisor costs that amount to between 1.0% and 4.3% of room revenue. Certain hotels are also charged a royalty fee between 1.0% and 3.0% of food and beverage revenues.  Franchise fees are included in management and franchise fee expense in the accompanying consolidated statements of operations. For the three months ended March 31, 2015 and 2014, the Company incurred franchise fee expense of approximately $17.1 million and $15.7 million, respectively.
	Earnings Per Share
	Basic earnings per common share is calculated by dividing net income attributable to common shareholders by the weighted-average number of common shares outstanding during the period excluding the weighted-average number of unvested restricted shares outstanding during the period.  Diluted earnings per common share is calculated by dividing net income attributable to common shareholders by the weighted-average number of common shares outstanding during the period, plus any shares that could potentially be outstanding during the period.  Potential shares consist of unvested restricted share grants and unvested performance units, calculated using the treasury stock method.  Any anti-dilutive shares have been excluded from the diluted earnings per share calculation.
	Share-based Compensation
	From time to time, the Company may issue share-based awards under the 2011 Equity Incentive Plan (the "2011 Plan"), as compensation to officers, employees and non-employee trustees (see Note 11). The vesting of awards issued to officers and employees is based on either continued employment (time-based) or based on the relative total shareholder returns of the Company (performance-based) and continued employment, as determined by the board of trustees at the date of grant. The Company recognizes, for time-based awards, compensation expense for non-vested shares on a straight-line basis over the vesting period based upon the fair market value of the shares on the date of grant, adjusted for forfeitures.  The Company recognizes, for performance-based awards, compensation expense over the requisite service period for each award, based on the fair market value of the shares on the date of grant, as determined using a Monte Carlo simulation, adjusted for forfeitures.
	Recently Issued Accounting Pronouncements
	In May 2014, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") 2014-09, Revenue from Contracts with Customers, which supersedes or replaces nearly all GAAP revenue recognition guidance. The new guidance establishes a new control-based revenue recognition model, changes the basis for deciding when revenue is recognized over time or at a point in time and expands disclosures about revenue. The guidance is effective for annual reporting periods beginning after December 15, 2016, and interim periods within those annual periods. Early adoption is not permitted. The Company is currently evaluating whether this ASU will have a material impact on its financial position, results of operations or cash flows.
	In August 2014, the FASB issued ASU 2014-15, Presentation of Financial Statements-Going Concern (Subtopic 205-40): Disclosure of Uncertainties about an Entity’s Ability to Continue as a Going Concern. ASU 2014-15 requires management to evaluate whether there are conditions or events that raise substantial doubt about the entity’s ability to continue as a going concern, and to provide certain disclosures when it is probable that the entity will be unable to meet its obligations as they become due within one year after the date that the financial statements are issued. ASU 2014-15 is effective for the annual period ended December 31, 2016 and for annual periods and interim periods thereafter with early adoption permitted. The Company does not believe this ASU will have a material impact on its financial position, results of operations or cash flows.
	In April 2015, the FASB issued ASU 2015-03, Interest - Imputation of Interest (Subtopic 835-30): Simplifying the Presentation of Debt Issuance Costs. ASU 2015-03 requires debt issuance costs related to a recognized debt liability to be presented in the balance sheet as a direct deduction from the carrying amount of that debt liability. The guidance is effective for fiscal years beginning after December 15, 2015 with early adoption permitted. The Company does not believe this ASU will have a material impact on its financial position, results of operations or cash flows.

Acquisition_of_Hotel_and_Other

Acquisition of Hotel and Other Properties	3 Months Ended
	Mar. 31, 2015
Business Combinations [Abstract]
Acquisition of Hotel and Other Properties	Acquisition of Hotel and Other Properties
	There were no acquisitions during the three months ended March 31, 2015. During the three months ended March 31, 2014, the Company acquired a 100% interest in the following properties:
	Property		Location		Acquisition Date	Management Company	Rooms	Purchase Price (in thousands)
	Hyatt House Charlotte Center City		Charlotte, NC		March 12, 2014	Hyatt Affiliate	163	$	32,496
	Hyatt House Cypress Anaheim		Cypress, CA		March 12, 2014	Hyatt Affiliate	142	14,753
	Hyatt House Emeryville San Francisco Bay Area		Emeryville, CA		March 12, 2014	Hyatt Affiliate	234	39,274
	Hyatt House San Diego Sorrento Mesa		San Diego, CA		March 12, 2014	Hyatt Affiliate	193	35,985
	Hyatt House San Jose Silicon Valley		San Jose, CA		March 12, 2014	Hyatt Affiliate	164	44,159
	Hyatt House San Ramon		San Ramon, CA		March 12, 2014	Hyatt Affiliate	142	20,833
	Hyatt House Santa Clara		Santa Clara, CA		March 12, 2014	Hyatt Affiliate	150	40,570
	Hyatt Market Street The Woodlands		The Woodlands, TX		March 12, 2014	Hyatt Corporation	70	25,817
	Hyatt Place Fremont Silicon Valley		Fremont, CA		March 12, 2014	Hyatt Affiliate	151	23,525
	Hyatt Place Madison Downtown		Madison, WI		March 12, 2014	Hyatt Affiliate	151	35,088
							1,560	$	312,500
	The allocation of purchase price for the properties acquired during the three months ended March 31, 2014 was as follows (in thousands):
		For the three months ended March 31,
		2014
	Land and land improvements	$	64,303
	Buildings and improvements	213,110
	Furniture, fixtures and equipment	35,087
	Total purchase price	$	312,500
	For properties acquired during the three months ended March 31, 2014 total revenues and net loss from the date of acquisition through March 31, 2014 are included in the accompanying consolidated statements of operations for the three months ended March 31, 2014 as follows (in thousands):
		2014 acquisitions
		For the three months ended March 31, 2014
	Revenue	$	4,531
	Net loss	$	(453	)
	The following unaudited condensed pro forma financial information presents the results of operations as if the 2014 acquisitions had taken place on January 1, 2013.  The unaudited condensed pro forma financial information is not necessarily indicative of what actual results of operations of the Company would have been assuming the 2014 acquisitions had taken place on January 1, 2013 nor does it purport to represent the results of operations for future periods.  The unaudited condensed pro forma financial information is as follows (in thousands, except share and per share data):
		For the three months ended March 31, 2014
	Revenue	$	264,396
	Net income attributable to common shareholders	$	18,281
	Net income per share attributable to common shareholders - basic	$	0.15
	Net income per share attributable to common shareholders - diluted	$	0.15
	Weighted-average number of common shares - basic	121,740,962
	Weighted-average number of common shares - diluted	122,867,755

Disposal_of_Hotel_Properties

Disposal of Hotel Properties	3 Months Ended
	Mar. 31, 2015
Discontinued Operations and Disposal Groups [Abstract]
Disposal of Hotel Properties	Disposal of Hotel Properties
	During the three months ended March 31, 2015, the Company disposed of 20 hotel properties in a single transaction for a total sale price of approximately $230.3 million. In conjunction with this transaction, the Company recorded a $22.3 million gain on disposal which is included in the accompanying consolidated statement of operations.
	The following table provides a list of properties that were disposed of during the three months ended March 31, 2015:
	Property Name	Location	Disposal Date	Rooms
	Courtyard Chicago Schaumburg	Schaumburg, IL	February 23, 2015	162
	Courtyard Detroit Pontiac Bloomfield	Pontiac, MI	February 23, 2015	110
	Courtyard Grand Junction	Grand Junction, CO	February 23, 2015	136
	Courtyard Mesquite	Mesquite, TX	February 23, 2015	101
	Courtyard San Antonio Airport Northstar	San Antonio, TX	February 23, 2015	78
	Courtyard Tampa Brandon	Tampa, FL	February 23, 2015	90
	Fairfield Inn & Suites Merrillville	Merrillville, IN	February 23, 2015	112
	Fairfield Inn & Suites San Antonio Airport	San Antonio, TX	February 23, 2015	120
	Fairfield Inn & Suites Tampa Brandon	Tampa, FL	February 23, 2015	107
	Hampton Inn Merrillville	Merrillville, IN	February 23, 2015	64
	Holiday Inn Grand Rapids Airport	Kentwood, MI	February 23, 2015	148
	Homewood Suites Tampa Brandon	Tampa, FL	February 23, 2015	126
	Marriott Auburn Hills Pontiac at Centerpoint	Pontiac, MI	February 23, 2015	290
	Residence Inn Austin Round Rock	Round Rock, TX	February 23, 2015	96
	Residence Inn Chicago Schaumburg	Schaumburg, IL	February 23, 2015	125
	Residence Inn Detroit Pontiac Auburn Hills	Pontiac, MI	February 23, 2015	114
	Residence Inn Grand Junction	Grand Junction, CO	February 23, 2015	104
	Residence Inn Indianapolis Carmel	Carmel, IN	February 23, 2015	120
	Springhill Suites Chicago Schaumburg	Schaumburg, IL	February 23, 2015	132
	Springhill Suites Indianapolis Carmel	Carmel, IN	February 23, 2015	126
			Total	2,461
	During the three months ended March 31, 2014, the Company disposed of 13 hotel properties in three separate transactions for a total sale price of approximately $114.5 million. In conjunction with these transactions, the Company recorded a $2.6 million loss on disposal, which is included in the accompanying consolidated statement of operations. Additionally, the Company defeased the mortgage indebtedness secured by three of the properties that were sold. The cost of the defeasance was approximately $0.8 million, which is included in interest expense in the accompanying consolidated statement of operations.
	The following table provides a list of properties that were disposed of during the three months ended March 31, 2014:
	Property Name	Location	Disposal Date	Rooms
	Courtyard Denver Southwest Lakewood	Lakewood, CO	February 20, 2014	90
	Residence Inn Denver Southwest Lakewood	Lakewood, CO	February 20, 2014	102
	Hyatt House Colorado Springs	Colorado Springs, CO	February 20, 2014	125
	SpringHill Suites Gainesville	Gainesville, FL	February 20, 2014	126
	Residence Inn Indianapolis Airport	Indianapolis, IN	February 20, 2014	95
	Fairfield Inn & Suites Indianapolis Airport	Indianapolis, IN	February 20, 2014	86
	Courtyard Grand Rapids Airport	Kentwood, MI	February 20, 2014	84
	Hampton Inn Suites Las Vegas Red Rock Summerlin	Las Vegas, NV	February 20, 2014	106
	Courtyard Austin University Area	Austin, TX	February 20, 2014	198
	Fairfield Inn & Suites Austin University Area	Austin, TX	February 20, 2014	63
	Hyatt House Dallas Richardson	Richardson, TX	February 20, 2014	130
	Hilton Garden Inn St. George	St. George, UT	February 25, 2014	150
	Hilton Mystic	Mystic, CT	March 26, 2014	182
			Total	1,537

Investment_in_Hotel_and_Other_

Investment in Hotel and Other Properties	3 Months Ended
	Mar. 31, 2015
Property, Plant and Equipment [Abstract]
Investment in Hotel and Other Properties	Investment in Hotel and Other Properties
	Investment in hotel and other properties as of March 31, 2015 and December 31, 2014 consisted of the following (in thousands):
		March 31, 2015			December 31, 2014
	Land and land improvements	$	706,794		$	706,497
	Buildings and improvements	3,024,947			3,005,390
	Furniture, fixtures and equipment	507,603			498,126
	Intangible assets	2,507			2,507
		4,241,851			4,212,520
	Accumulated depreciation and amortization	(730,819		)	(693,717		)
	Investment in hotels and other properties, net	$	3,511,032		$	3,518,803
	For the three months ended March 31, 2015 and 2014, depreciation and amortization expense related to investment in hotel and other properties was approximately $37.1 million and $32.8 million, respectively.
	Impairment
	The Company determined that there was no impairment of any assets for either the three months ended March 31, 2015 or 2014.

Debt

Debt	3 Months Ended
	Mar. 31, 2015
Debt Disclosure [Abstract]
Debt	Debt
	Credit Facilities
	The Company has in place the following unsecured credit agreements:
	•	$300.0 million revolving credit facility with a scheduled maturity date of November 20, 2016 with a one-year extension option if certain conditions are satisfied (the "Revolver");
	•	$400.0 million term loan with a scheduled maturity date of March 20, 2019 (which was originally scheduled to mature in 2017) (the "2012 Five-Year Term Loan");
	•	$225.0 million term loan with a scheduled maturity date of November 20, 2019 (the "2012 Seven-Year Term Loan");
	•	$400.0 million term loan with a scheduled maturity date of August 27, 2018 (the "2013 Five-Year Term Loan"); and
	•	$150.0 million term loan with a scheduled maturity date of January 22, 2022 (the "2014 Seven-Year Term Loan").
	The 2012 Five-Year Term Loan, the 2012 Seven-Year Term Loan, the 2013 Five-Year Term Loan and the 2014 Seven-Year Term loan are collectively the "Term Loans". The Revolver and Term Loans are subject to customary financial covenants.  As of March 31, 2015, the Company was in compliance with all financial covenants.
	As of and for the three months ended March 31, 2015 and 2014, details of the Revolver and Term Loans are as follows (in thousands):
									Interest expense for the
									three months ended March 31,
		Outstanding Borrowings at March 31, 2015			Maturity Date		Interest Rate at March 31, 2015 (1)		2015			2014
	Revolver (2)(3)	$	—		Nov-16		n/a		$	260		$	323
	2013 Five-Year Term Loan (4)	400,000			Aug-18		3.07%		3,037			2,851
	2012 Five-Year Term Loan (5)	400,000			Mar-19		2.37%		2,347			1,423
	2012 Seven-Year Term Loan (6)	225,000			Nov-19		4.04%		2,245			2,255
	2014 Seven-Year Term Loan (7)	—			Jan-22		n/a		—			—
	Total	$	1,025,000						$	7,889		$	6,852
	-1	Interest rate at March 31, 2015 gives effect to interest rate hedges and LIBOR floors, as applicable.
	-2	At March 31, 2015 there was $300.0 million of borrowing capacity on the Revolver.
	-3	Includes the unused facility fee of $0.3 million and $0.2 million for the three months ended March 31, 2015 and 2014, respectively.
	-4	Includes interest expense related to an interest rate hedge of $1.2 million and $1.2 million for the three months ended March 31, 2015 and 2014, respectively.
	-5	Includes interest expense related to an interest rate hedge of $0.6 million for the three months ended March 31, 2015.
	-6	Includes interest expense related to an interest rate hedge of $1.0 million and $1.0 million for the three months ended March 31, 2015 and 2014, respectively.
	-7	At March 31, 2015 there was $150.0 million of borrowing capacity on the 2014 Seven-Year Term Loan.
	Mortgage Loans
	As of March 31, 2015 and December 31, 2014, the Company was subject to the following mortgage loans (in thousands):
											Principal balance at,
	Lender		Number of Assets Encumbered	Interest Rate at March 31, 2015 (1)				Maturity Date			31-Mar-15			December 31, 2014
	Barclays Bank		3	5.55%				Jun-15		-2	$	20,109		$	107,544
	Capmark Financial Group		1	5.50%				Jul-15		-2	6,172			6,214
	Barclays Bank		1	5.44%				Sep-15		-3	10,038			10,140
	PNC Bank (4)		5	2.53%		-5		May-16		-6	74,000			74,000
	Wells Fargo (7)		4	4.19%		-5		Sep-16		-8	150,000			150,000
	Wells Fargo		4	4.06%		-5		Oct-17		-8	143,000			143,000
	Capmark Financial Group							May-15			—			10,513
	Capmark Financial Group							Jun-15			—			4,561
	Barclays Bank							Jun-15			—			26,775
			18								$	403,319		$	532,747
	-1	Interest rate at March 31, 2015 gives effect to interest rate hedges, as applicable.
	-2	These loans were repaid in April 2015.
	-3	The Company is currently evaluating its options for repayment.
	-4	The five hotels encumbered by the PNC Bank loan are cross-collateralized.
	-5	Requires payments of interest only until the commencement of the extension period(s).
	-6	Maturity date may be extended for one one-year term at the Company’s option, subject to certain lender requirements.
	-7	Two of the four hotels encumbered by the Wells Fargo loan are cross-collateralized.
	-8	Maturity date may be extended for four one-year terms at the Company’s option, subject to certain lender requirements.
	Some mortgage agreements are subject to customary financial covenants.  The Company was in compliance with these
	covenants at March 31, 2015 and December 31, 2014.

Derivatives_and_Hedging

Derivatives and Hedging	3 Months Ended
	Mar. 31, 2015
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivatives and Hedging	Derivatives and Hedging
	The Company employs derivative instruments to hedge against interest rate fluctuations. For derivative instruments designated as cash flow hedges, unrealized gains and losses on the effective portion are reported in accumulated other comprehensive income (loss), a component of shareholders’ equity.  Unrealized gains and losses on the ineffective portion of all designated hedges are recognized in earnings in the current period.  For derivative instruments not designated as hedging instruments, unrealized gains or losses are recognized in earnings in the current period. At March 31, 2015 and December 31, 2014, all derivative instruments were designated as cash flow hedges.
	At March 31, 2015 and December 31, 2014, the aggregate fair value of interest rate swap liabilities of $23.0 million and $13.6 million, respectively, was included in accounts payable and other liabilities in the accompanying consolidated balance sheets.
	As of March 31, 2015 and December 31, 2014, the Company had entered into the following derivative instruments (in thousands):
		Notional value at						Fair value at
	Hedge type	31-Mar-15		December 31, 2014		Hedge interest rate	Maturity	31-Mar-15			December 31, 2014
	Swap-cash flow	$	275,000	$	275,000	1.12%	Nov-17	$	(1,942	)	$	(232	)
	Swap-cash flow	175,000		175,000		1.56%	Mar-18	(3,307		)	(2,182		)
	Swap-cash flow	175,000		175,000		1.64%	Mar-18	(3,691		)	(2,596		)
	Swap-cash flow	16,500		16,500		1.83%	Sep-18	(441		)	(315		)
	Swap-cash flow	16,500		16,500		1.75%	Sep-18	(399		)	(270		)
	Swap-cash flow	40,500		40,500		1.83%	Sep-18	(1,083		)	(772		)
	Swap-cash flow	41,500		41,500		1.75%	Sep-18	(1,003		)	(678		)
	Swap-cash flow	18,000		18,000		1.83%	Sep-18	(481		)	(343		)
	Swap-cash flow	17,000		17,000		1.75%	Sep-18	(411		)	(278		)
	Swap-cash flow	125,000		125,000		2.02%	Mar-19	(4,251		)	(3,073		)
	Swap-cash flow	100,000		100,000		1.94%	Mar-19	(3,105		)	(2,145		)
	Swap-cash flow	143,000		143,000		1.81%	Oct-20	(2,933		)	(760		)
		$	1,143,000	$	1,143,000			$	(23,047	)	$	(13,644	)
	As of March 31, 2015 and December 31, 2014, there was approximately $23.0 million and $13.6 million, respectively, in unrealized losses included in accumulated other comprehensive loss related to interest rate hedges that are effective in offsetting the variable cash flows.  There was no ineffectiveness recorded on designated hedges during the three month periods ended March 31, 2015 and 2014. For the three months ended March 31, 2015 and 2014, approximately $4.1 million and $2.9 million, respectively, of amounts included in accumulated other comprehensive loss were reclassified into interest expense.

Fair_Value

Fair Value	3 Months Ended
	Mar. 31, 2015
Fair Value Disclosures [Abstract]
Fair Value	Fair Value
	Fair Value Measurement
	Fair value is defined as the price that would be received upon the sale of an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date in the principal or most advantageous market.  The fair value hierarchy has three levels of inputs, both observable and unobservable:
	•	Level 1 — Inputs include quoted market prices in an active market for identical assets or liabilities.
	•	Level 2 — Inputs are market data, other than Level 1, that are observable either directly or indirectly.  Level 2 inputs include quoted market prices for similar assets or liabilities, quoted market prices in an inactive market, and other observable information that can be corroborated by market data.
	•	Level 3 — Inputs are unobservable and corroborated by little or no market data.
	Fair Value of Financial Instruments
	The estimated fair values of financial instruments have been determined by the Company using available market information and appropriate valuation methods.  Considerable judgment is required in interpreting market data to develop the estimates of fair value.  Accordingly, the estimates presented herein are not necessarily indicative of the amounts that the Company could realize in a current market exchange.  The use of different market assumptions and/or estimation methods may have a material effect on the estimated fair value amounts.  The Company used the following market assumptions and/or estimation methods:
	•	Cash and cash equivalents, restricted cash, hotel and other receivables, accounts payable and other liabilities - The carrying amounts reported in the consolidated balance sheets for these financial instruments approximate fair value because of their short maturities.
	•	Variable rate mortgage notes payable and borrowings under the Revolver and Term Loans - The carrying amounts reported in the consolidated balance sheets for these financial instruments approximate fair value, as they bear interest at market rates.  The Company determined that its variable rate mortgage notes payable and borrowings under the Revolver and Term Loans are classified in Level 3 of the fair value hierarchy.
	•	Fixed rate mortgage notes payable - The fair value estimated at March 31, 2015 and December 31, 2014 of $36.7 million and $171.1 million, respectively, is calculated based on the net present value of payments over the term of the loans using estimated market rates for similar mortgage loans with similar terms and loan to value ratios. As a result, the Company determined that its fixed rate mortgage notes payable in their entirety are classified in Level 3 of the fair value hierarchy.  The carrying value of fixed rate mortgage notes payable at March 31, 2015 and December 31, 2014 was $36.3 million and $165.7 million, respectively.
	Recurring Fair Value Measurements
	The following table presents the Company’s fair value hierarchy for those financial assets and liabilities measured at fair value on a recurring basis as of March 31, 2015 (in thousands):
		Fair Value at March 31, 2015
		Level 1		Level 2			Level 3		Total
	Interest rate swap asset	$	—	$	—		$	—	$	—
	Interest rate swap liability	$	—	$	(23,047	)	$	—	$	(23,047	)
	Total	$	—	$	(23,047	)	$	—	$	(23,047	)
	The following table presents the Company’s fair value hierarchy for those financial assets and liabilities measured at fair value on a recurring basis as of December 31, 2014 (in thousands):
		Fair Value at December 31, 2014
		Level 1		Level 2			Level 3		Total
	Interest rate swap asset	$	—	$	—		$	—	$	—
	Interest rate swap liability	$	—	$	(13,644	)	$	—	$	(13,644	)
	Total	$	—	$	(13,644	)	$	—	$	(13,644	)
	The fair values of the derivative financial instruments are determined using widely accepted valuation techniques including discounted cash flow analysis on the expected cash flows of each derivative. The Company determined that the significant inputs, such as interest yield curves and discount rates, used to value its derivatives fall within Level 2 of the fair value hierarchy and that the credit valuation adjustments associated with the Company’s counterparties and its own credit risk utilize Level 3 inputs, such as estimates of current credit spreads to evaluate the likelihood of default by itself and its counterparties. As of March 31, 2015, the Company assessed the significance of the impact of the credit valuation adjustments on the overall valuation of its derivative positions and determined that the credit valuation adjustments were not significant to the overall valuation of its derivatives. As a result, the Company determined that its derivative valuations in their entirety are classified in Level 2 of the fair value hierarchy.

Income_Taxes

Income Taxes	3 Months Ended
	Mar. 31, 2015
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes
	The Company elected to be taxed as a REIT under Sections 856 through 860 of the Internal Revenue Code when it filed its U.S. federal tax return for its short taxable year ended December 31, 2011.  To qualify as a REIT, the Company must meet a number of organizational and operational requirements, including a requirement that it distribute at least 90% of its adjusted taxable income to its shareholders, subject to certain adjustments and excluding any net capital gain.  The Company’s intention is to adhere to these requirements and maintain the qualification for taxation as a REIT.  As a REIT, the Company is not subject to federal corporate income tax on that portion of net income that is currently distributed to its shareholders.  However, the Company’s taxable REIT subsidiaries ("TRS") will generally be subject to federal, state, and local income taxes.
	The Company accounts for income taxes using the asset and liability method.  Deferred tax assets and liabilities are recognized for the estimated future tax consequences attributable to the differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases.  Deferred tax assets and liabilities are measured using enacted tax rates in effect for the year in which those temporary differences are expected to be recovered or settled.  The effect on deferred tax assets and liabilities from a change in tax rates is recognized in earnings in the period when the new rate is enacted.
	The Company had no accruals for tax uncertainties as of March 31, 2015 and December 31, 2014.

Commitments_and_Contingencies

Commitments and Contingencies	3 Months Ended
	Mar. 31, 2015
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies
	Restricted Cash Reserves
	The Company is obligated to maintain reserve funds for capital expenditures at the hotels (including the periodic replacement or refurbishment of FF&E) as determined pursuant to the management agreements, franchise agreements and/or mortgage loan documents. The management agreements, franchise agreements and/or mortgage loan documents require the Company to reserve restricted cash ranging typically from 3.0% to 5.0% of the individual hotel’s revenues and maintain the reserves in restricted cash reserve escrows. Any unexpended amounts will remain the property of the Company upon termination of the management agreements, franchise agreements or mortgage loan documents. Additionally, some loan agreements require the Company to reserve restricted cash for the periodic payment of real estate taxes and insurance. As of March 31, 2015 and December 31, 2014, approximately $56.8 million and $63.1 million, respectively, was available in restricted cash reserves for future capital expenditures, real estate taxes and insurance.
	Litigation
	Neither the Company nor any of its subsidiaries are currently involved in any regulatory or legal proceedings that management believes will have a material adverse effect on the financial position, operations or liquidity of the Company.
	Data Breach
	During the first quarter of 2014, one of the Company's third-party hotel managers notified the Company of a data breach that occurred over a nine-month period ending in December 2013 at 14 of the hotels that it manages, including seven hotels that are owned by the Company. During the first quarter of 2015, this third-party hotel manager notified the Company of a second potential data breach that occurred over a seven-month period ending in February 2015 affecting a number of hotels it manages, including six hotels owned by the Company. The third-party hotel manager is cooperating with the relevant authorities in their investigations of this criminal cyber-attack. The Company and its third-party hotel manager are continuing to take steps to assess and further strengthen information security systems.
	The Company believes that each of the credit card companies impacted may seek to impose fines, fees or assessments in connection with the breach against various parties, including the Company. The Company may also incur other costs, including legal fees and other professional services fees, related to investigating the breach. Because the investigation into each of these matters is ongoing and certain factual and legal questions remain unanswered, the Company is unable to estimate with certainty the total costs, fines, fees or assessments that may be associated with any potential claims; however, the Company currently believes that any amounts that the Company may ultimately be required to pay as a result of this incident will not be material to the results of operations.

Equity_Incentive_Plan

Equity Incentive Plan	3 Months Ended
	Mar. 31, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Equity Incentive Plan	Equity Incentive Plan
	The Company may issue equity-based awards to officers, employees, non-employee trustees and other eligible persons under the 2011 Plan. The 2011 Plan provides for a maximum of 5,000,000 common shares of beneficial interest to be issued in the form of share options, share appreciation rights, restricted share awards, unrestricted share awards, share units, dividend equivalent rights, long-term incentive units, other equity-based awards and cash bonus awards.
	Share Awards
	From time to time, the Company may award non-vested restricted shares under the 2011 Plan, as compensation to officers, employees and non-employee trustees. The shares issued to officers and employees vest over a period of time as determined by the board of trustees at the date of grant. The Company recognizes compensation expense for time-based non-vested shares on a straight-line basis over the vesting period based upon the fair market value of the shares on the date of issuance, adjusted for forfeitures.
	The Company may also award unrestricted shares under the 2011 Plan as compensation to non-employee trustees that would otherwise be paid in cash for their services. The shares issued to trustees are unrestricted and include no vesting conditions. The Company recognizes compensation expense for the unrestricted shares issued in lieu of cash compensation on the date of issuance based upon the fair market value of the shares on that date.
	A summary of the non-vested shares as of March 31, 2015 is as follows:
		2015
		Number of		Weighted-Average
		Shares		Grant Date Fair
				Value
	Unvested at January 1,	731,459		$	21.21
	Granted (1)	254,299		32.49
	Vested (1)	(139,213	)	19.69
	Forfeited	(229	)	26.64
	Unvested at March 31,	846,316		$	24.84
	-1	Includes 1,057 unrestricted shares issued in lieu of cash compensation to non-employee trustees at a weighted-average grant date fair value of $31.31.
	For the three months ended March 31, 2015 and 2014, the Company recognized approximately $2.9 million and $2.5 million, respectively, of share-based compensation expense related to restricted share awards. As of March 31, 2015, there was $19.5 million of total unrecognized compensation costs related to non-vested share awards and these costs are expected to be primarily recognized over a weighted-average period of 2.9 years. The total fair value of shares vested (calculated as number of shares multiplied by vesting date share price) during the three months ended March 31, 2015 was approximately $4.6 million.
	Performance Units
	The Company awarded performance units to certain employees under the 2011 Plan.  The performance units vest over a four-year period, including three years of performance-based vesting ("measurement period") plus an additional one year of time-based vesting.
	As of March 31, 2015, there were 1.0 million unvested performance units with a weighted-average grant date fair value of $15.36 per performance unit.
	For both the three months ended March 31, 2015 and 2014, the Company recognized $1.1 million of share-based compensation expense related to the performance units.  As of March 31, 2015, there was $3.4 million of total unrecognized compensation cost related to the performance units and these costs are expected to be recognized over a weighted-average period of 0.8 years.
	As of March 31, 2015, there were 2,487,410 common shares available for future grant under the 2011 Plan.  Any performance units that convert into restricted shares will reduce the number of common shares available for future grant under the 2011 Plan.

Earnings_per_Common_Share

Earnings per Common Share	3 Months Ended
	Mar. 31, 2015
Earnings Per Share [Abstract]
Earnings per Common Share	Earnings per Common Share
	Basic earnings per common share is calculated by dividing income from continuing operations attributable to common shareholders, including loss on disposal of hotel properties, by the weighted-average number of common shares outstanding during the period excluding the weighted-average number of unvested restricted shares outstanding during the period. Diluted earnings per common share is calculated by dividing income from continuing operations attributable to common shareholders, including gain or loss on disposal of hotel properties, by the weighted-average number of common shares outstanding during the period, plus any shares that could potentially be outstanding during the period. Potential shares consist of unvested restricted share grants and unvested performance units, calculated using the treasury stock method. Any anti-dilutive shares have been excluded from the diluted earnings per share calculation.
	Unvested share-based payment awards that contain non-forfeitable rights to dividends or dividend equivalents (whether paid or unpaid) are participating shares and are considered in the computation of earnings per share pursuant to the two-class method. If there were any undistributed earnings allocable to participating shares, they would be deducted from net income attributable to common shareholders utilized in the basic and diluted earnings per share calculations.
	For the three months ended March 31, 2015, $27,000 represented undistributed earnings that were allocated to participating shares. For the three months ended March 31, 2014, there were no undistributed earnings that were allocated to participating shares because the Company paid dividends in excess of net income.
	The limited partners’ outstanding limited partnership units in the Operating Partnership (which may be redeemed for common shares of beneficial interest under certain circumstances) have been excluded from the diluted earnings per share calculation as there was no effect on the amounts for the three months ended March 31, 2015 and 2014, since the limited partners’ share of income would also be added back to net income attributable to common shareholders.
	The computation of basic and diluted earnings per common share is as follows (in thousands, except share and per share data):
		For the three months ended March 31,
		2015			2014
	Numerator:
	Net income attributable to common shareholders	$	47,850		$	11,932
	Less: Dividends paid on unvested restricted shares	(279		)	(246		)
	Less: Undistributed earnings attributable to unvested restricted shares	(27		)	—
	Net income attributable to common shareholders excluding amounts attributable to unvested restricted shares	$	47,544		$	11,686
	Denominator:
	Weighted-average number of common shares - basic	131,272,611			121,740,962
	Unvested restricted shares	281,980			281,721
	Unvested performance units	731,951			845,072
	Weighted-average number of common shares - diluted	132,286,542			122,867,755
	Net income attributable to common shareholders - basic	$	0.36		$	0.1
	Net income attributable to common shareholders - diluted	$	0.36		$	0.1

Supplemental_Information_to_St

Supplemental Information to Statements of Cash Flows	3 Months Ended
	Mar. 31, 2015
Supplemental Cash Flow Elements [Abstract]
Supplemental Information to Statements of Cash Flows	Supplemental Information to Statements of Cash Flows (in thousands)
		For the three months ended March 31,
		2015			2014
	Interest paid, net of capitalized interest	$	12,505		$	13,541
	Income taxes paid	$	72		$	37
	Supplemental investing and financing transactions:
	In conjunction with the acquisitions, the Company recorded the following:
	Purchase of real estate	$	—		$	312,500
	Accounts receivable	—			373
	Other assets	—			1,198
	Advance deposits	—			(405		)
	Accounts payable and other liabilities	—			(1,693		)
	Acquisition of hotel and other properties, net	$	—		$	311,973
	In conjunction with the disposals, the Company recorded the following:
	Disposal of hotel properties	$	230,300		$	114,500
	Disposition costs	(8,473		)	(2,461		)
	Operating prorations	3,766			(958		)
	Proceeds from the disposal of hotel properties, net	$	225,593		$	111,081
	Supplemental non-cash transactions:
	Accrued capital expenditures	$	2,063		$	—

Subsequent_Events

Subsequent Events	3 Months Ended
	Mar. 31, 2015
Subsequent Events [Abstract]
Subsequent Events	Subsequent Events
	On May 1, 2015, the Company's Board of Trustees authorized a share repurchase program to acquire up to $200.0 million of the Company's common shares. Also on May 1, 2015, the Company’s shareholders approved the RLJ Lodging Trust 2015 Equity Incentive Plan (the "2015 Plan"), which constitutes an amendment and restatement of the RLJ Lodging Trust 2011 Equity Incentive Plan, including an increase in the total number of available shares under the 2015 Plan by 2,500,000 shares.

Summary_of_Significant_Account1

Summary of Significant Accounting Policies (Policies)	3 Months Ended
	Mar. 31, 2015
Accounting Policies [Abstract]
Management Fees [Policy Text Block]	Management Agreements
	As of March 31, 2015, 124 of the Company's hotel properties were operated pursuant to long-term agreements with initial terms ranging from 3 to 25 years. This number includes five Marriott and ten Hyatt hotels that receive the benefits of a franchise agreement pursuant to management agreements. Each management company receives a base management fee generally between 2.5% and 4.0% of hotel revenues. Management agreements that include the benefits of a franchise agreement incur a base management fee generally between 5.0% and 7.0% of hotel revenues. The management companies are also eligible to receive an incentive management fee if hotel operating income, as defined in the management agreements, exceeds certain thresholds. The incentive management fee is generally calculated as a percentage of hotel operating income after the Company has received a priority return on their investment in the hotel. Management fees are included in management and franchise fee expense in the accompanying consolidated statements of operations.
Basis of Presentation and Principles of Consolidation	Basis of Presentation and Principles of Consolidation
	The unaudited consolidated financial statements and related notes have been prepared on the accrual basis of accounting in accordance with accounting principles generally accepted in the United States of America ("GAAP") and in conformity with the rules and regulations of the Securities and Exchange Commission ("SEC") applicable to financial information. As such, certain information and footnote disclosures normally included in financial statements prepared in accordance with GAAP have been omitted in accordance with the rules and regulations of the SEC.  The unaudited financial statements include adjustments based on management’s estimates (consisting of normal recurring adjustments), which the Company considers necessary for the fair statement of the consolidated balance sheets, statements of operations and comprehensive income, statements of changes in equity and statements of cash flows for the periods presented. The unaudited consolidated financial statements should be read in conjunction with the consolidated financial statements and notes thereto as of and for the year ended December 31, 2014, included in the Company's Annual Report on Form 10-K filed with the SEC on February 26, 2015.  Operating results for the three months ended March 31, 2015 are not necessarily indicative of actual operating results for the entire year.
	The unaudited consolidated financial statements include the accounts of the Company, the Operating Partnership and its wholly-owned subsidiaries, including a consolidated joint venture.  All intercompany balances have been eliminated in consolidation.
Reclassifications	Reclassifications
	Certain prior year amounts in these financial statements have been reclassified to conform to the current year presentation with no impact to net income, shareholders’ equity or cash flows.
Use of Estimates	Use of Estimates
	The preparation of the Company’s financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of certain assets and liabilities and the amounts of contingent assets and liabilities at the balance sheet date and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.
Revenue Recognition	Revenue Recognition
	The Company’s revenue comprises hotel operating revenue, such as room revenue, food and beverage revenue and revenue from other hotel operating departments (such as telephone, parking and business centers). These revenues are recorded net of any sales and occupancy taxes collected from guests. All rebates or discounts are recorded as a reduction in revenue, and there are no material contingent obligations with respect to rebates and discounts offered by the hotels. All revenues are recorded on an accrual basis as earned. Appropriate allowances are made for doubtful accounts and are recorded as bad debt expenses. The allowances are calculated as a percentage of aged accounts receivable.  Cash received prior to guest arrival is recorded as an advance from the guest and recognized as revenue at the time of occupancy.
Investment in Hotels and Other Properties	Investment in Hotels and Other Properties
	The Company’s acquisitions generally consist of land, land improvements, buildings, building improvements, furniture, fixtures and equipment ("FF&E"), and inventory. The Company may also acquire intangibles related to in-place leases, management agreements and franchise agreements when properties are acquired.  The Company allocates the purchase price among the assets acquired and liabilities assumed based on their respective fair values. Transaction costs are expensed for acquisitions that are considered business combinations and capitalized for asset acquisitions.
	The Company’s investments in hotels and other properties are carried at cost and are depreciated using the straight-line method over estimated useful lives of 15 years for land improvements, 15 years for building improvements, 40 years for buildings and three to five years for FF&E. Intangibles arising from acquisitions are amortized using the straight-line method over the non-cancelable portion of the term of the agreement.  Maintenance and repairs are expensed and major renewals or improvements are capitalized. Interest used to finance real estate under development is capitalized as an additional cost of development. Upon the sale or disposition of a property, the asset and related accumulated depreciation are removed from the accounts and the related gain or loss is included in gain or loss on disposal of hotel properties. Gain or loss from dispositions representing a strategic shift that had or will have a major effect on operations and final results will be presented as discontinued operations.
	In accordance with the guidance on impairment or disposal of long-lived assets, the Company does not consider "held for sale" classification until it is probable that the sale will be completed within one year and the other requisite criteria for such classification have been met. The Company does not depreciate properties so long as they are classified as held for sale. Upon designation as held for sale and quarterly thereafter, the Company reviews the realizability of the carrying value, less cost to sell, in accordance with the guidance. Any such adjustment in the carrying value is reflected as an impairment charge.
	The Company assesses carrying value whenever events or changes in circumstances indicate that the carrying amounts may not be fully recoverable. Recoverability is measured by comparison of the carrying amount to the estimated future undiscounted cash flows which take into account current market conditions and the Company’s intent with respect to holding or disposing of properties. If the Company’s analysis indicates that the carrying value is not recoverable on an undiscounted cash flow basis, it recognizes an impairment charge for the amount by which the carrying value exceeds the fair value. Fair value is determined through various valuation techniques, including internally developed discounted cash flow models, comparable market transactions and third party appraisals, when considered necessary.
	The use of projected future cash flows is based on assumptions that are consistent with a market participant’s future expectations for the travel industry and economy in general and the Company’s expected use of the underlying properties.  The assumptions and estimates about future cash flows and capitalization rates are complex and subjective.  Changes in economic and operating conditions that occur subsequent to a current impairment analysis and the Company’s ultimate use of the properties could impact these assumptions and result in future impairment charges with respect to the properties.
Noncontrolling Interest	Noncontrolling Interest
	The consolidated financial statements include all subsidiaries controlled by the Company. For controlled subsidiaries that are not wholly-owned, the noncontrolling interests in these subsidiaries are presented separately in the consolidated financial statements. As of March 31, 2015 the Company consolidated DBT Met Hotel Venture, LP, a majority-owned partnership that has a third-party, noncontrolling 1.7% ownership interest. The third-party partnership interest is included in noncontrolling interest in joint venture on the consolidated balance sheets. Profits and losses are allocated in proportion to each party's respective ownership interest.
	As of March 31, 2015 the Company consolidated the Operating Partnership, which is a majority-owned partnership that has a third-party, noncontrolling 0.7% ownership interest. The third-party partnership interest is included in noncontrolling interest in Operating Partnership on the consolidated balance sheets. Profits and losses are allocated in proportion to each party's respective ownership interest.
Franchise Agreements	Franchise Agreements
	As of March 31, 2015, 109 of the Company’s hotel properties were operated under franchise agreements with initial terms ranging from 10 to 30 years. This number excludes five Marriott and ten Hyatt hotels that receive the benefits of a franchise agreement pursuant to their respective management agreements. Franchise agreements allow the properties to operate under the respective brands. Pursuant to the franchise agreements, the Company pays a royalty fee, generally between 3.0% and 6.0% of room revenue, plus additional fees for marketing, central reservation systems and other franchisor costs that amount to between 1.0% and 4.3% of room revenue. Certain hotels are also charged a royalty fee between 1.0% and 3.0% of food and beverage revenues.  Franchise fees are included in management and franchise fee expense in the accompanying consolidated statements of operations.
Earnings Per Share	Earnings Per Share
	Basic earnings per common share is calculated by dividing net income attributable to common shareholders by the weighted-average number of common shares outstanding during the period excluding the weighted-average number of unvested restricted shares outstanding during the period.  Diluted earnings per common share is calculated by dividing net income attributable to common shareholders by the weighted-average number of common shares outstanding during the period, plus any shares that could potentially be outstanding during the period.  Potential shares consist of unvested restricted share grants and unvested performance units, calculated using the treasury stock method.  Any anti-dilutive shares have been excluded from the diluted earnings per share calculation.
Share-based Compensation	Share-based Compensation
	From time to time, the Company may issue share-based awards under the 2011 Equity Incentive Plan (the "2011 Plan"), as compensation to officers, employees and non-employee trustees (see Note 11). The vesting of awards issued to officers and employees is based on either continued employment (time-based) or based on the relative total shareholder returns of the Company (performance-based) and continued employment, as determined by the board of trustees at the date of grant. The Company recognizes, for time-based awards, compensation expense for non-vested shares on a straight-line basis over the vesting period based upon the fair market value of the shares on the date of grant, adjusted for forfeitures.  The Company recognizes, for performance-based awards, compensation expense over the requisite service period for each award, based on the fair market value of the shares on the date of grant, as determined using a Monte Carlo simulation, adjusted for forfeitures.
Recently Issued Accounting Pronouncements	Recently Issued Accounting Pronouncements
	In May 2014, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") 2014-09, Revenue from Contracts with Customers, which supersedes or replaces nearly all GAAP revenue recognition guidance. The new guidance establishes a new control-based revenue recognition model, changes the basis for deciding when revenue is recognized over time or at a point in time and expands disclosures about revenue. The guidance is effective for annual reporting periods beginning after December 15, 2016, and interim periods within those annual periods. Early adoption is not permitted. The Company is currently evaluating whether this ASU will have a material impact on its financial position, results of operations or cash flows.
	In August 2014, the FASB issued ASU 2014-15, Presentation of Financial Statements-Going Concern (Subtopic 205-40): Disclosure of Uncertainties about an Entity’s Ability to Continue as a Going Concern. ASU 2014-15 requires management to evaluate whether there are conditions or events that raise substantial doubt about the entity’s ability to continue as a going concern, and to provide certain disclosures when it is probable that the entity will be unable to meet its obligations as they become due within one year after the date that the financial statements are issued. ASU 2014-15 is effective for the annual period ended December 31, 2016 and for annual periods and interim periods thereafter with early adoption permitted. The Company does not believe this ASU will have a material impact on its financial position, results of operations or cash flows.
	In April 2015, the FASB issued ASU 2015-03, Interest - Imputation of Interest (Subtopic 835-30): Simplifying the Presentation of Debt Issuance Costs. ASU 2015-03 requires debt issuance costs related to a recognized debt liability to be presented in the balance sheet as a direct deduction from the carrying amount of that debt liability. The guidance is effective for fiscal years beginning after December 15, 2015 with early adoption permitted. The Company does not believe this ASU will have a material impact on its financial position, results of operations or cash flows.

Acquisition_of_Hotel_and_Other1

Acquisition of Hotel and Other Properties (Tables)	3 Months Ended
	Mar. 31, 2014
Business Combinations [Abstract]
Schedule of properties acquired through wholly-owned subsidiaries, which were funded by capital contributions	During the three months ended March 31, 2014, the Company acquired a 100% interest in the following properties:
	Property		Location		Acquisition Date	Management Company	Rooms	Purchase Price (in thousands)
	Hyatt House Charlotte Center City		Charlotte, NC		March 12, 2014	Hyatt Affiliate	163	$	32,496
	Hyatt House Cypress Anaheim		Cypress, CA		March 12, 2014	Hyatt Affiliate	142	14,753
	Hyatt House Emeryville San Francisco Bay Area		Emeryville, CA		March 12, 2014	Hyatt Affiliate	234	39,274
	Hyatt House San Diego Sorrento Mesa		San Diego, CA		March 12, 2014	Hyatt Affiliate	193	35,985
	Hyatt House San Jose Silicon Valley		San Jose, CA		March 12, 2014	Hyatt Affiliate	164	44,159
	Hyatt House San Ramon		San Ramon, CA		March 12, 2014	Hyatt Affiliate	142	20,833
	Hyatt House Santa Clara		Santa Clara, CA		March 12, 2014	Hyatt Affiliate	150	40,570
	Hyatt Market Street The Woodlands		The Woodlands, TX		March 12, 2014	Hyatt Corporation	70	25,817
	Hyatt Place Fremont Silicon Valley		Fremont, CA		March 12, 2014	Hyatt Affiliate	151	23,525
	Hyatt Place Madison Downtown		Madison, WI		March 12, 2014	Hyatt Affiliate	151	35,088
							1,560	$	312,500
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed	The allocation of purchase price for the properties acquired during the three months ended March 31, 2014 was as follows (in thousands):
		For the three months ended March 31,
		2014
	Land and land improvements	$	64,303
	Buildings and improvements	213,110
	Furniture, fixtures and equipment	35,087
	Total purchase price	$	312,500
Schedule of total revenues and net loss from the properties acquired	For properties acquired during the three months ended March 31, 2014 total revenues and net loss from the date of acquisition through March 31, 2014 are included in the accompanying consolidated statements of operations for the three months ended March 31, 2014 as follows (in thousands):
		2014 acquisitions
		For the three months ended March 31, 2014
	Revenue	$	4,531
	Net loss	$	(453	)
Schedule of unaudited condensed pro forma financial information	The following unaudited condensed pro forma financial information presents the results of operations as if the 2014 acquisitions had taken place on January 1, 2013.  The unaudited condensed pro forma financial information is not necessarily indicative of what actual results of operations of the Company would have been assuming the 2014 acquisitions had taken place on January 1, 2013 nor does it purport to represent the results of operations for future periods.  The unaudited condensed pro forma financial information is as follows (in thousands, except share and per share data):
		For the three months ended March 31, 2014
	Revenue	$	264,396
	Net income attributable to common shareholders	$	18,281
	Net income per share attributable to common shareholders - basic	$	0.15
	Net income per share attributable to common shareholders - diluted	$	0.15
	Weighted-average number of common shares - basic	121,740,962
	Weighted-average number of common shares - diluted	122,867,755

Disposal_of_Hotel_Properties_T

Disposal of Hotel Properties (Tables)	3 Months Ended
	Mar. 31, 2015				Mar. 31, 2014
Discontinued Operations and Disposal Groups [Abstract]
Schedule of property disposed during period
	Property Name	Location	Disposal Date	Rooms	Property Name	Location	Disposal Date	Rooms
	Courtyard Chicago Schaumburg	Schaumburg, IL	February 23, 2015	162
					Courtyard Denver Southwest Lakewood	Lakewood, CO	February 20, 2014	90
	Courtyard Detroit Pontiac Bloomfield	Pontiac, MI	February 23, 2015	110
					Residence Inn Denver Southwest Lakewood	Lakewood, CO	February 20, 2014	102
	Courtyard Grand Junction	Grand Junction, CO	February 23, 2015	136
					Hyatt House Colorado Springs	Colorado Springs, CO	February 20, 2014	125
	Courtyard Mesquite	Mesquite, TX	February 23, 2015	101
					SpringHill Suites Gainesville	Gainesville, FL	February 20, 2014	126
	Courtyard San Antonio Airport Northstar	San Antonio, TX	February 23, 2015	78
					Residence Inn Indianapolis Airport	Indianapolis, IN	February 20, 2014	95
	Courtyard Tampa Brandon	Tampa, FL	February 23, 2015	90
					Fairfield Inn & Suites Indianapolis Airport	Indianapolis, IN	February 20, 2014	86
	Fairfield Inn & Suites Merrillville	Merrillville, IN	February 23, 2015	112
					Courtyard Grand Rapids Airport	Kentwood, MI	February 20, 2014	84
	Fairfield Inn & Suites San Antonio Airport	San Antonio, TX	February 23, 2015	120
					Hampton Inn Suites Las Vegas Red Rock Summerlin	Las Vegas, NV	February 20, 2014	106
	Fairfield Inn & Suites Tampa Brandon	Tampa, FL	February 23, 2015	107
					Courtyard Austin University Area	Austin, TX	February 20, 2014	198
	Hampton Inn Merrillville	Merrillville, IN	February 23, 2015	64
					Fairfield Inn & Suites Austin University Area	Austin, TX	February 20, 2014	63
	Holiday Inn Grand Rapids Airport	Kentwood, MI	February 23, 2015	148
					Hyatt House Dallas Richardson	Richardson, TX	February 20, 2014	130
	Homewood Suites Tampa Brandon	Tampa, FL	February 23, 2015	126
					Hilton Garden Inn St. George	St. George, UT	February 25, 2014	150
	Marriott Auburn Hills Pontiac at Centerpoint	Pontiac, MI	February 23, 2015	290
					Hilton Mystic	Mystic, CT	March 26, 2014	182
	Residence Inn Austin Round Rock	Round Rock, TX	February 23, 2015	96
							Total	1,537
	Residence Inn Chicago Schaumburg	Schaumburg, IL	February 23, 2015	125
	Residence Inn Detroit Pontiac Auburn Hills	Pontiac, MI	February 23, 2015	114
	Residence Inn Grand Junction	Grand Junction, CO	February 23, 2015	104
	Residence Inn Indianapolis Carmel	Carmel, IN	February 23, 2015	120
	Springhill Suites Chicago Schaumburg	Schaumburg, IL	February 23, 2015	132
	Springhill Suites Indianapolis Carmel	Carmel, IN	February 23, 2015	126
			Total	2,461

Investment_in_Hotel_and_Other_1

Investment in Hotel and Other Properties (Tables)	3 Months Ended
	Mar. 31, 2015
Property, Plant and Equipment [Abstract]
Schedule of investment in hotel and other properties	Investment in hotel and other properties as of March 31, 2015 and December 31, 2014 consisted of the following (in thousands):
		March 31, 2015			December 31, 2014
	Land and land improvements	$	706,794		$	706,497
	Buildings and improvements	3,024,947			3,005,390
	Furniture, fixtures and equipment	507,603			498,126
	Intangible assets	2,507			2,507
		4,241,851			4,212,520
	Accumulated depreciation and amortization	(730,819		)	(693,717		)
	Investment in hotels and other properties, net	$	3,511,032		$	3,518,803

Debt_Tables

Debt (Tables)	3 Months Ended
	Mar. 31, 2015
Debt Disclosure [Abstract]
Schedule of Revolver and Term Loans	As of and for the three months ended March 31, 2015 and 2014, details of the Revolver and Term Loans are as follows (in thousands):
									Interest expense for the
									three months ended March 31,
		Outstanding Borrowings at March 31, 2015			Maturity Date		Interest Rate at March 31, 2015 (1)		2015			2014
	Revolver (2)(3)	$	—		Nov-16		n/a		$	260		$	323
	2013 Five-Year Term Loan (4)	400,000			Aug-18		3.07%		3,037			2,851
	2012 Five-Year Term Loan (5)	400,000			Mar-19		2.37%		2,347			1,423
	2012 Seven-Year Term Loan (6)	225,000			Nov-19		4.04%		2,245			2,255
	2014 Seven-Year Term Loan (7)	—			Jan-22		n/a		—			—
	Total	$	1,025,000						$	7,889		$	6,852
	-1	Interest rate at March 31, 2015 gives effect to interest rate hedges and LIBOR floors, as applicable.
	-2	At March 31, 2015 there was $300.0 million of borrowing capacity on the Revolver.
	-3	Includes the unused facility fee of $0.3 million and $0.2 million for the three months ended March 31, 2015 and 2014, respectively.
	-4	Includes interest expense related to an interest rate hedge of $1.2 million and $1.2 million for the three months ended March 31, 2015 and 2014, respectively.
	-5	Includes interest expense related to an interest rate hedge of $0.6 million for the three months ended March 31, 2015.
	-6	Includes interest expense related to an interest rate hedge of $1.0 million and $1.0 million for the three months ended March 31, 2015 and 2014, respectively.
	-7	At March 31, 2015 there was $150.0 million of borrowing capacity on the 2014 Seven-Year Term Loan.
Schedule of mortgage loans	As of March 31, 2015 and December 31, 2014, the Company was subject to the following mortgage loans (in thousands):
											Principal balance at,
	Lender		Number of Assets Encumbered	Interest Rate at March 31, 2015 (1)				Maturity Date			31-Mar-15			December 31, 2014
	Barclays Bank		3	5.55%				Jun-15		-2	$	20,109		$	107,544
	Capmark Financial Group		1	5.50%				Jul-15		-2	6,172			6,214
	Barclays Bank		1	5.44%				Sep-15		-3	10,038			10,140
	PNC Bank (4)		5	2.53%		-5		May-16		-6	74,000			74,000
	Wells Fargo (7)		4	4.19%		-5		Sep-16		-8	150,000			150,000
	Wells Fargo		4	4.06%		-5		Oct-17		-8	143,000			143,000
	Capmark Financial Group							May-15			—			10,513
	Capmark Financial Group							Jun-15			—			4,561
	Barclays Bank							Jun-15			—			26,775
			18								$	403,319		$	532,747
	-1	Interest rate at March 31, 2015 gives effect to interest rate hedges, as applicable.
	-2	These loans were repaid in April 2015.
	-3	The Company is currently evaluating its options for repayment.
	-4	The five hotels encumbered by the PNC Bank loan are cross-collateralized.
	-5	Requires payments of interest only until the commencement of the extension period(s).
	-6	Maturity date may be extended for one one-year term at the Company’s option, subject to certain lender requirements.
	-7	Two of the four hotels encumbered by the Wells Fargo loan are cross-collateralized.
	-8	Maturity date may be extended for four one-year terms at the Company’s option, subject to certain lender requirements.

Derivatives_and_Hedging_Tables

Derivatives and Hedging (Tables)	3 Months Ended
	Mar. 31, 2015
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of interest rate swaps and caps	As of March 31, 2015 and December 31, 2014, the Company had entered into the following derivative instruments (in thousands):
		Notional value at						Fair value at
	Hedge type	31-Mar-15		December 31, 2014		Hedge interest rate	Maturity	31-Mar-15			December 31, 2014
	Swap-cash flow	$	275,000	$	275,000	1.12%	Nov-17	$	(1,942	)	$	(232	)
	Swap-cash flow	175,000		175,000		1.56%	Mar-18	(3,307		)	(2,182		)
	Swap-cash flow	175,000		175,000		1.64%	Mar-18	(3,691		)	(2,596		)
	Swap-cash flow	16,500		16,500		1.83%	Sep-18	(441		)	(315		)
	Swap-cash flow	16,500		16,500		1.75%	Sep-18	(399		)	(270		)
	Swap-cash flow	40,500		40,500		1.83%	Sep-18	(1,083		)	(772		)
	Swap-cash flow	41,500		41,500		1.75%	Sep-18	(1,003		)	(678		)
	Swap-cash flow	18,000		18,000		1.83%	Sep-18	(481		)	(343		)
	Swap-cash flow	17,000		17,000		1.75%	Sep-18	(411		)	(278		)
	Swap-cash flow	125,000		125,000		2.02%	Mar-19	(4,251		)	(3,073		)
	Swap-cash flow	100,000		100,000		1.94%	Mar-19	(3,105		)	(2,145		)
	Swap-cash flow	143,000		143,000		1.81%	Oct-20	(2,933		)	(760		)
		$	1,143,000	$	1,143,000			$	(23,047	)	$	(13,644	)

Fair_Value_Tables

Fair Value (Tables)	3 Months Ended											12 Months Ended
	Mar. 31, 2015											Dec. 31, 2014
Fair Value Disclosures [Abstract]
Schedule of fair value hierarchy for financial assets and liabilities measured at fair value on a recurring basis	The following table presents the Company’s fair value hierarchy for those financial assets and liabilities measured at fair value on a recurring basis as of March 31, 2015 (in thousands):											The following table presents the Company’s fair value hierarchy for those financial assets and liabilities measured at fair value on a recurring basis as of December 31, 2014 (in thousands):
		Fair Value at March 31, 2015											Fair Value at December 31, 2014
		Level 1		Level 2			Level 3		Total				Level 1		Level 2			Level 3		Total
	Interest rate swap asset	$	—	$	—		$	—	$	—		Interest rate swap asset	$	—	$	—		$	—	$	—
	Interest rate swap liability	$	—	$	(23,047	)	$	—	$	(23,047	)	Interest rate swap liability	$	—	$	(13,644	)	$	—	$	(13,644	)
	Total	$	—	$	(23,047	)	$	—	$	(23,047	)	Total	$	—	$	(13,644	)	$	—	$	(13,644	)

Equity_Incentive_Plan_Tables

Equity Incentive Plan (Tables) (Restricted share awards)	3 Months Ended
	Mar. 31, 2015
Restricted share awards
Equity Incentive Plan
Summary of the non-vested shares	A summary of the non-vested shares as of March 31, 2015 is as follows:
		2015
		Number of		Weighted-Average
		Shares		Grant Date Fair
				Value
	Unvested at January 1,	731,459		$	21.21
	Granted (1)	254,299		32.49
	Vested (1)	(139,213	)	19.69
	Forfeited	(229	)	26.64
	Unvested at March 31,	846,316		$	24.84
	-1	Includes 1,057 unrestricted shares issued in lieu of cash compensation to non-employee trustees at a weighted-average grant date fair value of $31.31.

Earnings_per_Common_Share_Tabl

Earnings per Common Share (Tables)	3 Months Ended
	Mar. 31, 2015
Earnings Per Share [Abstract]
Schedule of computation of basic and diluted earnings per common share	The computation of basic and diluted earnings per common share is as follows (in thousands, except share and per share data):
		For the three months ended March 31,
		2015			2014
	Numerator:
	Net income attributable to common shareholders	$	47,850		$	11,932
	Less: Dividends paid on unvested restricted shares	(279		)	(246		)
	Less: Undistributed earnings attributable to unvested restricted shares	(27		)	—
	Net income attributable to common shareholders excluding amounts attributable to unvested restricted shares	$	47,544		$	11,686
	Denominator:
	Weighted-average number of common shares - basic	131,272,611			121,740,962
	Unvested restricted shares	281,980			281,721
	Unvested performance units	731,951			845,072
	Weighted-average number of common shares - diluted	132,286,542			122,867,755
	Net income attributable to common shareholders - basic	$	0.36		$	0.1
	Net income attributable to common shareholders - diluted	$	0.36		$	0.1

Supplemental_Information_to_St1

Supplemental Information to Statements of Cash Flows (Tables)	3 Months Ended
	Mar. 31, 2015
Supplemental Cash Flow Elements [Abstract]
Schedule of supplemental information to statements of cash flows
		For the three months ended March 31,
		2015			2014
	Interest paid, net of capitalized interest	$	12,505		$	13,541
	Income taxes paid	$	72		$	37
	Supplemental investing and financing transactions:
	In conjunction with the acquisitions, the Company recorded the following:
	Purchase of real estate	$	—		$	312,500
	Accounts receivable	—			373
	Other assets	—			1,198
	Advance deposits	—			(405		)
	Accounts payable and other liabilities	—			(1,693		)
	Acquisition of hotel and other properties, net	$	—		$	311,973
	In conjunction with the disposals, the Company recorded the following:
	Disposal of hotel properties	$	230,300		$	114,500
	Disposition costs	(8,473		)	(2,461		)
	Operating prorations	3,766			(958		)
	Proceeds from the disposal of hotel properties, net	$	225,593		$	111,081
	Supplemental non-cash transactions:
	Accrued capital expenditures	$	2,063		$	—

Organization_Details

Organization (Details)	3 Months Ended
	Mar. 31, 2015	Mar. 31, 2014
	loan
	state
	room
	property
	hotel
Sale of Stock
OP units outstanding (in units)	133,059,308
Ownership interest in OP units through a combination of direct and indirect interests (as a percent)	99.30%
Number of properties owned	126
Number of Properties Operated under Management Agreements	124
Number of hotel rooms owned	20,435
Number of hotels planned for conversion	2
Number of states in which hotels owned by the entity are located	21
Number of mortgage loans owned	1
Ownership interest in assets (as a percent)	100.00%	100.00%
Doubletree Metropolitan Hotel New York City
Sale of Stock
Ownership interest in assets (as a percent)	98.30%

Summary_of_Significant_Account2

Summary of Significant Accounting Policies (Details)	3 Months Ended
	Mar. 31, 2015
Noncontrolling Interest
Ownership interest of non controlling third party	1.70%
Franchise Agreements
Number of hotel properties operated under franchise agreements	109
Land improvements
Investment in Hotel and Other Properties
Estimated useful lives	15 years
Buildings improvements
Investment in Hotel and Other Properties
Estimated useful lives	15 years
Buildings
Investment in Hotel and Other Properties
Estimated useful lives	40 years
Minimum
Franchise Agreements
Term of franchise agreements	10 years
Royalty fee as a percentage of room revenue	3.00%
Additional fees for marketing, central reservation systems and other franchisor costs as a percentage of room revenue	1.00%
Royalty fee as a percentage of food and beverage revenues	1.00%
Management Fee Term	3 years
Base Management Fee, percentage	0.00%
Base combined management franchise fee percentage	10.00%
Minimum | Furniture, fixtures and equipment
Investment in Hotel and Other Properties
Estimated useful lives	3 years
Maximum
Franchise Agreements
Term of franchise agreements	30 years
Royalty fee as a percentage of room revenue	6.00%
Additional fees for marketing, central reservation systems and other franchisor costs as a percentage of room revenue	4.30%
Royalty fee as a percentage of food and beverage revenues	3.00%
Management Fee Term	25 years
Base Management Fee, percentage	0.00%
Base combined management franchise fee percentage	10.00%
Maximum | Furniture, fixtures and equipment
Investment in Hotel and Other Properties
Estimated useful lives	5 years

Acquisition_of_Hotel_and_Other2

Acquisition of Hotel and Other Properties (Details) (USD $)	3 Months Ended		0 Months Ended
In Thousands, except Share data, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014	Mar. 12, 2014	Dec. 31, 2014
	room		room
Acquisition of Hotel Properties
% Interest	100.00%	100.00%
Rooms	20,435
Intangible assets	$2,507			$2,507
Total revenues and net income (loss) from hotels acquired
Revenue	270,405	236,373
Net income (loss)	48,102	11,985
Unaudited condensed pro forma financial information
Revenue		264,396
Net income attributable to common shareholders		18,281
Net income per share attributable to common shareholders - basic (in dollars per share)		$0.15
Net income per share attributable to common shareholders - diluted (in dollars per share)		$0.15
Weighted-average number of shares outstanding - basic (in shares)		121,740,962
Weighted-average number of shares outstanding - diluted (in shares)		122,867,755
2014 Acquisitions
Acquisition of Hotel Properties
Land and land improvements				64,303
Buildings and improvements				213,110
Furniture, fixtures and equipment				35,087
Total purchase price				312,500
Total revenues and net income (loss) from hotels acquired
Revenue		4,531
Net income (loss)		-453
Hyatt House Charlotte Center City
Acquisition of Hotel Properties
Rooms			163
Purchase Price			32,496
Hyatt House Cypress Anaheim
Acquisition of Hotel Properties
Rooms			142
Purchase Price			14,753
Hyatt House Emeryville San Francisco Bay Area
Acquisition of Hotel Properties
Rooms			234
Purchase Price			39,274
Hyatt House San Diego Sorrento Mesa
Acquisition of Hotel Properties
Rooms			193
Purchase Price			35,985
Hyatt House San Jose Silicon Valley
Acquisition of Hotel Properties
Rooms			164
Purchase Price			44,159
Hyatt House San Ramon
Acquisition of Hotel Properties
Rooms			142
Purchase Price			20,833
Hyatt House Santa Clara
Acquisition of Hotel Properties
Rooms			150
Purchase Price			40,570
Hyatt Market Street The Woodlands
Acquisition of Hotel Properties
Rooms			70
Purchase Price			25,817
Hyatt Place Fremont Silicon Valley
Acquisition of Hotel Properties
Rooms			151
Purchase Price			23,525
Hyatt Place Madison Downtown
Acquisition of Hotel Properties
Rooms			151
Purchase Price			$35,088

Disposal_of_Hotel_Properties_D

Disposal of Hotel Properties (Details) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014	Feb. 23, 2015
	hotel	hotel	room
	room
Discontinued operations
Disposal Group, Property Disposed During Period, Number of Rooms	1,537
Disposal Group, Number of Properties Disposed During Period	20	13
Noncash Divestiture of Real Estate	$230,300	$114,500
Gain (loss) on disposal of hotel properties	-22,298
Gain (Loss) on Disposition of Property Plant Equipment	$22,298	($2,557)
Courtyard Chicago Schaumburg [Member]
Discontinued operations
Disposal Group, Property Disposed During Period, Number of Rooms			162
Courtyard Detroit Pontiac Bloomfield [Member]
Discontinued operations
Disposal Group, Property Disposed During Period, Number of Rooms			110
Courtyard Grand Junction [Member]
Discontinued operations
Disposal Group, Property Disposed During Period, Number of Rooms			136
Courtyard Mesquite [Member]
Discontinued operations
Disposal Group, Property Disposed During Period, Number of Rooms			101
Courtyard San Antonio Northstar [Member]
Discontinued operations
Disposal Group, Property Disposed During Period, Number of Rooms			78
Courtyard Tampa Brandon [Member]
Discontinued operations
Disposal Group, Property Disposed During Period, Number of Rooms			90
Fairfield Inn Merrillville [Member]
Discontinued operations
Disposal Group, Property Disposed During Period, Number of Rooms			112
Fairfield Inn San Antonio Airport [Member]
Discontinued operations
Disposal Group, Property Disposed During Period, Number of Rooms			120
Fairfield Inn Tampa Brandon [Member]
Discontinued operations
Disposal Group, Property Disposed During Period, Number of Rooms			107
Hampton Inn Merrillville [Member]
Discontinued operations
Disposal Group, Property Disposed During Period, Number of Rooms			64
Holiday Inn Grand Rapids [Member]
Discontinued operations
Disposal Group, Property Disposed During Period, Number of Rooms			148
Homewood Suites Tampa Brandon [Member]
Discontinued operations
Disposal Group, Property Disposed During Period, Number of Rooms			126
Marriott Pontiac Auburn Hills [Member]
Discontinued operations
Disposal Group, Property Disposed During Period, Number of Rooms			290
Residence Inn Austin Round Rock [Member]
Discontinued operations
Disposal Group, Property Disposed During Period, Number of Rooms			96
Residence Inn Chicago Schaumburg [Member]
Discontinued operations
Disposal Group, Property Disposed During Period, Number of Rooms			125
Residence Inn Detroit Pontiac [Member]
Discontinued operations
Disposal Group, Property Disposed During Period, Number of Rooms			114
Residence Inn Grand Junction [Member]
Discontinued operations
Disposal Group, Property Disposed During Period, Number of Rooms			104
Residence Inn Indianapolis Carmel [Member]
Discontinued operations
Disposal Group, Property Disposed During Period, Number of Rooms			120
SpringHill Suites Chicago Schaumburg [Member]
Discontinued operations
Disposal Group, Property Disposed During Period, Number of Rooms			132
SpringHill Suites Indianapolis Carmel [Member]
Discontinued operations
Disposal Group, Property Disposed During Period, Number of Rooms			126

Disposal_of_Hotel_Properties_N

Disposal of Hotel Properties (Narrative) (Details) (USD $)	3 Months Ended
	Mar. 31, 2015	Mar. 31, 2014
	hotel	hotel
Discontinued Operations and Disposal Groups [Abstract]
Disposal Group, Number of Properties Disposed During Period	20	13
Disposal of hotel properties	$230,300,000	$114,500,000
Loss on disposal	22,298,000
Cost of defeasance		$800,000

Disposal_of_Hotel_Properties_S

Disposal of Hotel Properties (Schedule of Properties Disposed) (Details)	Mar. 31, 2015	Feb. 23, 2015	Feb. 20, 2014	Feb. 25, 2014	Mar. 26, 2014
	room	room	room	room	room
Discontinued operations
Property disposed, number of rooms	1,537
Courtyard Detroit Pontiac Bloomfield [Member]
Discontinued operations
Property disposed, number of rooms		110
Courtyard Denver Southwest Lakewood
Discontinued operations
Property disposed, number of rooms			90
Residence Inn Denver Southwest Lakewood
Discontinued operations
Property disposed, number of rooms			102
Hyatt House Colorado Springs
Discontinued operations
Property disposed, number of rooms			125
SpringHill Suites Gainesville
Discontinued operations
Property disposed, number of rooms			126
Residence Inn Indianapolis Airport
Discontinued operations
Property disposed, number of rooms			95
Fairfield Inn & Suites Indianapolis Airport
Discontinued operations
Property disposed, number of rooms			86
Courtyard Grand Rapids Airport
Discontinued operations
Property disposed, number of rooms			84
Hampton Inn Suites Las Vegas Red Rock Summerlin
Discontinued operations
Property disposed, number of rooms			106
Courtyard Austin University Area
Discontinued operations
Property disposed, number of rooms			198
Fairfield Inn & Suites Austin University Area
Discontinued operations
Property disposed, number of rooms			63
Hyatt House Dallas Richardson
Discontinued operations
Property disposed, number of rooms			130
Hilton Garden Inn St. George
Discontinued operations
Property disposed, number of rooms				150
Hilton Mystic
Discontinued operations
Property disposed, number of rooms					182

Investment_in_Hotel_and_Other_2

Investment in Hotel and Other Properties (Details) (USD $)	3 Months Ended
	Mar. 31, 2015	Mar. 31, 2014	Dec. 31, 2014
Property, Plant and Equipment [Abstract]
Land and land improvements	$706,794,000		$706,497,000
Buildings and improvements	3,024,947,000		3,005,390,000
Furniture, fixtures and equipment	507,603,000		498,126,000
Intangible assets	2,507,000		2,507,000
Total	4,241,851,000		4,212,520,000
Accumulated depreciation and amortization	-730,819,000		-693,717,000
Investment in hotel and other properties, net	3,511,032,000		3,518,803,000
Depreciation and amortization expense related to investment in hotel and other properties, excluding discontinued operations	-37,100,000	-32,800,000
Impairment loss	$0

Debt_Details

Debt (Details) (USD $)	3 Months Ended
	Mar. 31, 2015		Dec. 31, 2014
	term
	hotel
	asset
Debt
Mortgage loans	$403,319,000		$532,747,000
Secured Debt
Debt
Number of Assets Encumbered	18
Mortgage loans	403,319,000		532,747,000
Secured Debt | Capmark Financial Group, lender 1
Debt
Number of Assets Encumbered
Interest rate (as a percent)		[1]
Mortgage loans	0		10,513,000
Secured Debt | Capmark Financial Group, lender 2
Debt
Number of Assets Encumbered
Interest rate (as a percent)		[1]
Mortgage loans	0		4,561,000
Secured Debt | Barclay's Bank, lender 1
Debt
Number of Assets Encumbered	3
Interest rate (as a percent)	5.55%	[1]
Mortgage loans	20,109,000		107,544,000
Secured Debt | Barclay's Bank, lender 13
Debt
Number of Assets Encumbered
Interest rate (as a percent)		[1]
Mortgage loans	0		26,775,000
Secured Debt | Capmark Financial Group, lender 3
Debt
Number of Assets Encumbered	1
Interest rate (as a percent)	5.50%	[1]
Mortgage loans	6,172,000		6,214,000
Secured Debt | Barclay's Bank, lender 17
Debt
Number of Assets Encumbered	1
Interest rate (as a percent)	5.44%	[1]
Mortgage loans	10,038,000		10,140,000
Secured Debt | PNC Bank
Debt
Number of Assets Encumbered	5	[2]
Interest rate (as a percent)	2.53%	[1],[3]
Mortgage loans	74,000,000	[4]	74,000,000
Number of additional maturity terms	1
Additional maturity term	1 year
Number of hotels encumbered by loans that are cross-collateralized	5
Secured Debt | Wells Fargo lender 6
Debt
Number of Assets Encumbered	4
Interest rate (as a percent)	4.19%	[1],[3],[5]
Mortgage loans	150,000,000	[6]	150,000,000
Secured Debt | Barclay's Bank, lender 18
Debt
Mortgage loans	143,000,000		143,000,000
Revolver
Debt
Maximum borrowings	300,000,000
Unsecured Term Loan Due August 27, 2018
Debt
Maximum borrowings	400,000,000
Interest rate (as a percent)	3.07%	[7],[8]
Unsecured Term Loan Due January 22, 2022 [Member]
Debt
Maximum borrowings	150,000,000
Unsecured Term Loan Maturity Date March 20, 2019
Debt
Maximum borrowings	400,000,000
Interest rate (as a percent)	2.37%	[7]
Seven-Year Term Loan
Debt
Maximum borrowings	$225,000,000
Interest rate (as a percent)	4.04%	[7],[9]
[1]	Interest rate at March 31, 2015 gives effect to interest rate hedges, as applicable.
[2]	The five hotels encumbered by the PNC Bank loan are cross-collateralized.
[3]	The Company is currently evaluating its options for repayment.
[4]	Maturity date may be extended for one one-year term at the Company’s option, subject to certain lender requirements.
[5]	Two of the four hotels encumbered by the Wells Fargo loan are cross-collateralized.
[6]	Maturity date may be extended for four one-year terms at the Company’s option, subject to certain lender requirements.
[7]	Interest rate at March 31, 2015 gives effect to interest rate hedges and LIBOR floors, as applicable.
[8]	Includes interest expense related to an interest rate hedge of $1.2 million and $1.2 million for the three months ended March 31, 2015 and 2014, respectively.
[9]	Includes interest expense related to an interest rate hedge of $0.6 million for the three months ended March 31, 2015.

Debt_Revolver_and_Term_Loans_D

Debt (Revolver and Term Loans) (Details) (USD $)	3 Months Ended
	Mar. 31, 2015		Mar. 31, 2014
Debt
Outstanding borrowings	$1,025,000,000
Interest expense	7,889,000		6,852,000
Revolver
Debt
Outstanding borrowings	0	[1]
Interest expense	260,000		323,000
Unused commitment fee	300,000		200,000
Unsecured Term Loan Due August 27, 2018
Debt
Outstanding borrowings	400,000,000	[2]
Interest rate (as a percent)	3.07%	[2],[3]
Interest expense	3,037,000		2,851,000
Unsecured Term Loan Maturity Date March 20, 2019
Debt
Outstanding borrowings	400,000,000
Interest rate (as a percent)	2.37%	[3]
Interest expense	2,347,000		1,423,000
Seven-Year Term Loan
Debt
Outstanding borrowings	225,000,000	[4]
Interest rate (as a percent)	4.04%	[3],[4]
Interest expense	2,245,000		2,255,000
Unsecured Term Loan Due January 22, 2022 [Member]
Debt
Outstanding borrowings	0	[4]
Interest expense	0		0
Interest Rate Contract | Unsecured Term Loan Due August 27, 2018
Debt
Interest expense	1,200,000
Interest Rate Contract | Seven-Year Term Loan
Debt
Interest expense	$1,000,000
[1]	At March 31, 2015 there was $300.0 million of borrowing capacity on the Revolver.
[2]	Includes interest expense related to an interest rate hedge of $1.2 million and $1.2 million for the three months ended March 31, 2015 and 2014, respectively.
[3]	Interest rate at March 31, 2015 gives effect to interest rate hedges and LIBOR floors, as applicable.
[4]	Includes interest expense related to an interest rate hedge of $0.6 million for the three months ended March 31, 2015.

Derivatives_and_Hedging_Detail

Derivatives and Hedging (Details) (USD $)	3 Months Ended
	Mar. 31, 2015	Mar. 31, 2014	Dec. 31, 2014
Financial Instruments: Derivatives and Hedging
Unrealized gains (losses) included in accumulated other comprehensive loss	$23,047,000		$13,644,000
Amount of ineffective hedges	0	0
Interest rate swap
Financial Instruments: Derivatives and Hedging
Interest rate swap liability	-23,000,000		-13,600,000
Designated as Hedging Instrument | Swap-cash flow, hedge type one
Financial Instruments: Derivatives and Hedging
Notional value	275,000,000		275,000,000
Hedge interest rate (as a percent)	1.12%
Interest rate swap liability	-1,942,000		-232,000
Designated as Hedging Instrument | Swap-cash flow, hedge type two
Financial Instruments: Derivatives and Hedging
Notional value	175,000,000		175,000,000
Hedge interest rate (as a percent)	1.56%
Interest rate swap liability	-3,307,000		-2,182,000
Designated as Hedging Instrument | Swap-cash flow, hedge type three
Financial Instruments: Derivatives and Hedging
Notional value	175,000,000		175,000,000
Hedge interest rate (as a percent)	1.64%
Interest rate swap liability	-3,691,000		-2,596,000
Designated as Hedging Instrument | ISwap-cash flow, hedge type four
Financial Instruments: Derivatives and Hedging
Notional value	16,500,000		16,500,000
Hedge interest rate (as a percent)	1.83%
Interest rate swap liability	-441,000		-315,000
Designated as Hedging Instrument | Swap-cash flow, hedge type five
Financial Instruments: Derivatives and Hedging
Notional value	16,500,000		16,500,000
Hedge interest rate (as a percent)	1.75%
Interest rate swap liability	-399,000		-270,000
Designated as Hedging Instrument | Swap-cash flow, hedge type six
Financial Instruments: Derivatives and Hedging
Notional value	40,500,000		40,500,000
Hedge interest rate (as a percent)	1.83%
Interest rate swap liability	-1,083,000		-772,000
Designated as Hedging Instrument | Swap-cash flow, hedge type seven
Financial Instruments: Derivatives and Hedging
Notional value	41,500,000		41,500,000
Hedge interest rate (as a percent)	1.75%
Interest rate swap liability	-1,003,000		-678,000
Designated as Hedging Instrument | Swap-cash flow, hedge type eight
Financial Instruments: Derivatives and Hedging
Notional value	18,000,000		18,000,000
Hedge interest rate (as a percent)	1.83%
Interest rate swap liability	-481,000		-343,000
Designated as Hedging Instrument | Swap-cash flow, hedge type nine
Financial Instruments: Derivatives and Hedging
Notional value	17,000,000		17,000,000
Hedge interest rate (as a percent)	1.75%
Interest rate swap liability	-411,000		-278,000
Designated as Hedging Instrument | Swap-cash flow, hedge type ten
Financial Instruments: Derivatives and Hedging
Notional value	125,000,000		125,000,000
Hedge interest rate (as a percent)	2.02%
Interest rate swap liability	-4,251,000		-3,073,000
Designated as Hedging Instrument | Swap-cash flow, hedge type eleven
Financial Instruments: Derivatives and Hedging
Notional value	100,000,000		100,000,000
Hedge interest rate (as a percent)	1.94%
Interest rate swap liability	-3,105,000		-2,145,000
Designated as Hedging Instrument | Interest Rate, Swap Hedge, Type Twelve [Member] [Member]
Financial Instruments: Derivatives and Hedging
Notional value	143,000,000		143,000,000
Hedge interest rate (as a percent)	1.81%
Interest rate swap liability	-2,933,000		-760,000
Interest Expense
Financial Instruments: Derivatives and Hedging
Amount reclassified from accumulated other comprehensive income into interest expense	$4,100,000	$2,900,000

Fair_Value_Details

Fair Value (Details) (USD $)	3 Months Ended
	Mar. 31, 2015	Dec. 31, 2014
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impairment of Real Estate	$0
Interest rate swap
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Interest rate swap liability	-23,000,000	-13,600,000
Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fixed rate mortgage notes payable	36,700,000	171,100,000
Carrying value of fixed rate mortgage notes payable	36,300,000	165,700,000
Recurring | Level 2 | Interest rate swap
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Interest rate swap asset	0	0
Interest rate swap liability	-23,047,000	-13,644,000
Total	-23,047,000	-13,644,000
Recurring | Total | Interest rate swap
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Interest rate swap asset	0	0
Interest rate swap liability	-23,047,000	-13,644,000
Total	($23,047,000)	($13,644,000)

Income_Taxes_Details

Income Taxes (Details) (USD $)	3 Months Ended
	Mar. 31, 2015	Dec. 31, 2014
Income Tax Disclosure [Abstract]
Minimum percentage of adjusted taxable income to be currently distributed to owners to qualify as a REIT	90.00%
Accruals for tax uncertainties	$0	$0

Commitments_and_Contingencies_

Commitments and Contingencies (Details) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Dec. 31, 2014
Commitments and Contingencies Disclosure [Abstract]
Minimum restricted cash reserve escrows to be maintained as a percentage of the hotel's revenue	3.00%
Restricted cash reserves for future capital expenditures, real estate taxes and insurance	$56,795	$63,054
Maximum restricted cash reserve escrows to be maintained as percentage of hotel's revenue	5.00%

Equity_Details

Equity (Details) (USD $)	Mar. 31, 2015	Dec. 31, 2014
Equity [Abstract]
Common shares of beneficial interest, par value (in dollars per share)	$0.01	$0.01

Equity_Incentive_Plan_Details

Equity Incentive Plan (Details) (USD $)	3 Months Ended
	Mar. 31, 2015		Mar. 31, 2014
Equity Incentive Plan
Maximum number of common shares of beneficial interest to be issued (in shares)	5,000,000
Summary of non-vested shares/units
Granted (in shares)	1,057
Weighted Average Grant Date Fair Value
Granted (in dollars per share)			$31.31
Other Disclosures
Share-based compensation expense	$33,000		$28,000
Restricted share awards
Summary of non-vested shares/units
Unvested at the beginning of the period (in shares)	731,459
Granted (in shares)	254,299	[1]
Vested (in shares)	-139,213	[1]
Forfeited (in shares)	-229
Unvested at the end of the period (in shares)	846,316
Weighted Average Grant Date Fair Value
Unvested at the beginning of the period (in dollars per share)	$21.21
Granted (in dollars per share)	$32.49	[1]
Vested (in dollars per share)	$19.69	[1]
Forfeited (in dollars per share)	$26.64
Unvested at the end of the period (in dollars per share)	$24.84
Other Disclosures
Share-based compensation expense	2,900,000		2,500,000
Total unrecognized compensation costs	19,500,000
Weighted-average period of recognition of unrecognized share-based compensation expense	2 years 10 months 24 days
Total fair value of shares vested	4,600,000
Performance Units
Summary of non-vested shares/units
Unvested at the end of the period (in shares)	1,000,000
Weighted Average Grant Date Fair Value
Unvested at the end of the period (in dollars per share)	$15.36
Other Disclosures
Share-based compensation expense	1,100,000		1,100,000
Total unrecognized compensation costs	$3,400,000
Weighted-average period of recognition of unrecognized share-based compensation expense	9 months 18 days
Vesting period	4 years
Measurement period	3 years
Time-based vesting period	1 year
Common shares available for future grant (in share)	2,487,410
[1]	Includes 1,057 unrestricted shares issued in lieu of cash compensation to non-employee trustees at a weighted-average grant date fair value of $31.31.

Earnings_per_Common_Share_Deta

Earnings per Common Share (Details) (USD $)	3 Months Ended
	Mar. 31, 2015	Mar. 31, 2014
Earnings Per Share [Abstract]
Undistributed Earnings Allocated to Participating Securities	$27,000
Numerator:
Net income attributable to common shareholders	47,850,000	11,932,000
Less: Dividends paid on unvested restricted shares	-279,000	-246,000
Undistributed Earnings, Basic	27,000	0
Net income attributable to common shareholders excluding amounts attributable to unvested restricted shares	$47,544,000	$11,686,000
Denominator:
Weighted-average number of common shares - basic (in shares)	131,272,611	121,740,962
Unvested restricted shares (in shares)	281,980	281,721
Unvested performance units (in shares)	731,951	845,072
Weighted-average number of common shares - diluted (in shares)	132,286,542	122,867,755
Basic per common share data:
Net income per share attributable to common shareholders (in dollars per share)	$0.36	$0.10
Diluted per common share data:
Net income per share attributable to common shareholders (in dollars per share)	$0.36	$0.10

Supplemental_Information_to_St2

Supplemental Information to Statements of Cash Flows (Details) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014
Supplemental Cash Flow Elements [Abstract]
Interest paid, net of capitalized interest	$12,505	$13,541
Income taxes paid	72	37
In conjunction with the acquisitions, the Company recorded the following:
Purchase of real estate	0	312,500
Accounts receivable	0	373
Other assets	0	1,198
Advance deposits	0	-405
Accounts payable and other liabilities	0	-1,693
Acquisition of hotel and other properties, net	0	311,973
In conjunction with the disposals, the Company recorded the following:
Disposal of hotel properties	-230,300	-114,500
Disposition costs	-8,473	-2,461
Operating prorations	3,766	-958
Proceeds from the disposal of hotel properties, net	225,593	111,081
Supplemental non-cash transactions:
Accrued capital expenditures	$2,063	$0

Subsequent_Events_Details

Subsequent Events (Details) (USD $)	Mar. 31, 2015	Dec. 31, 2014	7-May-15
	property
	state
Subsequent Events
Number of states in which hotels owned by the entity are located	21
Number of properties owned	126
Mortgage loans	$403,319,000	$532,747,000
Subsequent Event
Subsequent Events
Stock Repurchase Program, Remaining Authorized Repurchase Amount			200,000,000
Secured Debt
Subsequent Events
Number of Assets Encumbered	18
Mortgage loans	403,319,000	532,747,000
Interest Rate, Swap Hedge, Type Twelve [Member] [Member] | Designated as Hedging Instrument
Subsequent Events
Notional value	$143,000,000	$143,000,000